PPP Loan information for Elect corp.

$20,832

Elect corp. was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 05/04/2020 by The U.S. Century Bank reported 1 jobs and $20,832 was used to fund payroll.

Elect corp. is Existing or more than 2 years old

ELECT CORP.

Date Approved

05/04/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ELECT CORP.

Borrower Address

6039 COLLINS AVE

Borrower City

MIAMI BEACH

Borrower State

FL

Borrower Zip

33140

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

283144

Servicing Lender Name

U.S. Century Bank

Servicing Lender Address

2301 NW 87th Ave

Servicing Lender City

DORAL

Servicing Lender State

FL

Servicing Lender Zip

33172-2403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI BEACH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33140-0001

CD

FL-24

Jobs Reported

1

NAICS Code

444120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

283144

Originating Lender

U.S. Century Bank

Originating Lender City

DORAL

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20942.72

Forgiveness Date

11/17/2020

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