PPP Loan information for A 1 electric inc

$498,055

A 1 electric inc was initially approved for PPP Loan of amount $498,055, the current approved amount is $498,055. The loan was approved on 04/28/2020 by The Washington Financial Bank reported 32 jobs and $498,055 was used to fund payroll.

A 1 electric inc is Existing or more than 2 years old

A 1 ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

A 1 ELECTRIC INC

Borrower Address

30 SPRINGFIELD AVE

Borrower City

WASHINGTON

Borrower State

PA

Borrower Zip

15301

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498055.00

Current Approval Amount

498055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81974

Servicing Lender Name

Washington Financial Bank

Servicing Lender Address

190 N Main St

Servicing Lender City

WASHINGTON

Servicing Lender State

PA

Servicing Lender Zip

15301-4349

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

WASHINGTON

Project State

PA

Project Zip

15301-0001

CD

PA-14

Jobs Reported

32

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

498055.00

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

81974

Originating Lender

Washington Financial Bank

Originating Lender City

WASHINGTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

500614.45

Forgiveness Date

11/03/2020

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