PPP Loan information for Commercial electrical systems co.

$373,025

Commercial electrical systems co. was initially approved for PPP Loan of amount $373,025, the current approved amount is $373,025. The loan was approved on 04/11/2020 by The Fifth Third Bank reported 34 jobs and $373,025 was used to fund payroll.

Commercial electrical systems co. is Existing or more than 2 years old

COMMERCIAL ELECTRICAL SYSTEMS CO.

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

COMMERCIAL ELECTRICAL SYSTEMS CO.

Borrower Address

4415 INDEPENDENCE CT

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34234-4742

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373025.00

Current Approval Amount

373025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34234-4742

CD

FL-17

Jobs Reported

34

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

373025.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

376599.82

Forgiveness Date

03/31/2021

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