PPP Loan information for Adams electrical construction inc.

$341,708

Adams electrical construction inc. was initially approved for PPP Loan of amount $341,708, the current approved amount is $341,708. The loan was approved on 03/03/2021 by The Citizens & Northern Bank reported 11 jobs and $341,708 was used to fund payroll.

Adams electrical construction inc. is Existing or more than 2 years old

ADAMS ELECTRICAL CONSTRUCTION INC.

Date Approved

03/03/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ADAMS ELECTRICAL CONSTRUCTION INC.

Borrower Address

1028 Poquessing Ave

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020-5632

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341708.32

Current Approval Amount

341708.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

62359

Servicing Lender Name

Citizens & Northern Bank

Servicing Lender Address

90-92 Main St

Servicing Lender City

WELLSBORO

Servicing Lender State

PA

Servicing Lender Zip

16901-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bensalem

Project County Name

BUCKS

Project State

PA

Project Zip

19020-5632

CD

PA-01

Jobs Reported

11

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

341707.32

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

62359

Originating Lender

Citizens & Northern Bank

Originating Lender City

WELLSBORO

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

344698.27

Forgiveness Date

01/18/2022

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