PPP Loan information for Absolute electrical contracting of ny inc.

$2,000,000

Absolute electrical contracting of ny inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/14/2021 by The TD Bank, National Association reported 72 jobs and $2,000,000 was used to fund payroll.

Absolute electrical contracting of ny inc. is Existing or more than 2 years old

PPP Loan Search / NY / New York / Absolute electrical contracting of ny inc.

ABSOLUTE ELECTRICAL CONTRACTING OF NY INC.

Date Approved

02/14/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

ABSOLUTE ELECTRICAL CONTRACTING OF NY INC.

Borrower Address

146 W 29th St Rm 11W

Borrower City

New York

Borrower State

NY

Borrower Zip

10001-8209

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10001-8209

CD

NY-12

Jobs Reported

72

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2021611.11

Forgiveness Date

03/21/2022

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