PPP Loan information for Pel electric inc

$75,600

Pel electric inc was initially approved for PPP Loan of amount $75,600, the current approved amount is $75,600. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $75,600 was used to fund payroll.

Pel electric inc is Existing or more than 2 years old

PPP Loan Search / OH / WOOSTER / Pel electric inc

PEL ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PEL ELECTRIC INC

Borrower Address

935 Spruce Street

Borrower City

WOOSTER

Borrower State

OH

Borrower Zip

44691

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75600.00

Current Approval Amount

75600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOOSTER

Project County Name

WAYNE

Project State

OH

Project Zip

44691-0001

CD

OH-07

Jobs Reported

7

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

66600.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76419.08

Forgiveness Date

06/04/2021

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