PPP Loan information for Swan electric inc

$60,000

Swan electric inc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 02/07/2021 by The Manufacturers and Traders Trust Company reported 7 jobs and $60,000 was used to fund payroll.

Swan electric inc is Existing or more than 2 years old

SWAN ELECTRIC INC

Date Approved

02/07/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

SWAN ELECTRIC INC

Borrower Address

18 Coldbrook Rd

Borrower City

Wilmington

Borrower State

VT

Borrower Zip

05363-9624

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

WINDHAM

Project State

VT

Project Zip

05363-9624

CD

VT-

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59997.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60243.29

Forgiveness Date

07/12/2021

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