PPP Loan information for Commercial electrical contractors inc

$1,545,826

Commercial electrical contractors inc was initially approved for PPP Loan of amount $1,545,826, the current approved amount is $1,545,826. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 95 jobs and $1,545,826 was used to fund payroll.

Commercial electrical contractors inc is New Business or 2 years or less

COMMERCIAL ELECTRICAL CONTRACTORS INC

Date Approved

05/03/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

COMMERCIAL ELECTRICAL CONTRACTORS INC

Borrower Address

1028 47TH AVE

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-5417

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1545826.00

Current Approval Amount

1545826.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-5417

CD

NY-07

Jobs Reported

95

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1545826.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1557726.74

Forgiveness Date

02/10/2021

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