PPP Loan information for Affordable electric service llc

$51,000

Affordable electric service llc was initially approved for PPP Loan of amount $51,000, the current approved amount is $51,000. The loan was approved on 04/15/2020 by The Customers Bank reported 5 jobs and $51,000 was used to fund payroll.

Affordable electric service llc is Existing or more than 2 years old

PPP Loan Search / IN / Bloomington / Affordable electric service llc

AFFORDABLE ELECTRIC SERVICE LLC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AFFORDABLE ELECTRIC SERVICE LLC

Borrower Address

4747 West Leonard Springs Road

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47403

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51000.00

Current Approval Amount

51000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MONROE

Project State

IN

Project Zip

47403-1000

CD

IN-09

Jobs Reported

5

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51408.00

Forgiveness Date

02/25/2021

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