PPP Loan information for Electric motor & supply inc.

$282,562

Electric motor & supply inc. was initially approved for PPP Loan of amount $282,562, the current approved amount is $282,562. The loan was approved on 01/30/2021 by The Altoona First Savings Bank reported 23 jobs and $282,562 was used to fund payroll.

Electric motor & supply inc. is Existing or more than 2 years old

PPP Loan Search / PA / Altoona / Electric motor & supply inc.

ELECTRIC MOTOR & SUPPLY INC.

Date Approved

01/30/2021

SBA Office Code

0358

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR & SUPPLY INC.

Borrower Address

1000 50th St

Borrower City

Altoona

Borrower State

PA

Borrower Zip

16601-1014

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

282562.20

Current Approval Amount

282562.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77564

Servicing Lender Name

Altoona First Savings Bank

Servicing Lender Address

203 N Logan Blvd

Servicing Lender City

ALTOONA

Servicing Lender State

PA

Servicing Lender Zip

16602-1726

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Altoona

Project County Name

BLAIR

Project State

PA

Project Zip

16601-1014

CD

PA-13

Jobs Reported

23

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

282558.20

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

Subchapter S Corporation

Originating Lender Location Id

77564

Originating Lender

Altoona First Savings Bank

Originating Lender City

ALTOONA

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283978.88

Forgiveness Date

08/06/2021

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