PPP Loan information for Albarell electric, inc

$4,000,000

Albarell electric, inc was initially approved for PPP Loan of amount $4,000,000, the current approved amount is $4,000,000. The loan was approved on 04/11/2020 by The Univest Bank and Trust Co. reported 173 jobs and $4,000,000 was used to fund payroll.

Albarell electric, inc is Existing or more than 2 years old

PPP Loan Search / PA / BETHLEHEM / Albarell electric, inc

ALBARELL ELECTRIC, INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ALBARELL ELECTRIC, INC

Borrower Address

901 W LEHIGH ST

Borrower City

BETHLEHEM

Borrower State

PA

Borrower Zip

18018-5143

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4000000.00

Current Approval Amount

4000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BETHLEHEM

Project County Name

LEHIGH

Project State

PA

Project Zip

18018-5143

CD

PA-07

Jobs Reported

173

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4000000.00

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

Sole Proprietorship

Originating Lender Location Id

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4045479.45

Forgiveness Date

06/11/2021

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