PPP Loan information for Yarnell electric inc.

$582,000

Yarnell electric inc. was initially approved for PPP Loan of amount $582,000, the current approved amount is $582,000. The loan was approved on 04/06/2020 by The Orrstown Bank reported 57 jobs and $582,000 was used to fund payroll.

Yarnell electric inc. is Existing or more than 2 years old

YARNELL ELECTRIC INC.

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

YARNELL ELECTRIC INC.

Borrower Address

131 ELMWOOD RD

Borrower City

LANCASTER

Borrower State

PA

Borrower Zip

17602-3404

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582000.00

Current Approval Amount

582000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

LANCASTER

Project State

PA

Project Zip

17602-3404

CD

PA-11

Jobs Reported

57

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582000.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

587150.30

Forgiveness Date

03/08/2021

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