PPP Loan information for A & b electric inc

$133,365

A & b electric inc was initially approved for PPP Loan of amount $133,365, the current approved amount is $133,365. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 11 jobs and $133,365 was used to fund payroll.

A & b electric inc is Existing or more than 2 years old

PPP Loan Search / DE / Greenwood / A & b electric inc

A & B ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

A & B ELECTRIC INC

Borrower Address

25 Adamsville Road

Borrower City

Greenwood

Borrower State

DE

Borrower Zip

19950

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133365.00

Current Approval Amount

133365.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

SUSSEX

Project State

DE

Project Zip

19950-0001

CD

DE-

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

365.00

Payroll Proceed

131000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134567.11

Forgiveness Date

03/17/2021

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