PPP Loan information for Colonial electrical contractors

$50,447

Colonial electrical contractors was initially approved for PPP Loan of amount $50,447, the current approved amount is $50,447. The loan was approved on 02/03/2021 by The Bank of America, National Association reported 6 jobs and $50,447 was used to fund payroll.

Colonial electrical contractors is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Colonial electrical contractors

COLONIAL ELECTRICAL CONTRACTORS

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

COLONIAL ELECTRICAL CONTRACTORS

Borrower Address

3310 N Leisure World Blvd Apt 704

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20906-5685

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50447.00

Current Approval Amount

50447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20906-5685

CD

MD-08

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50447.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50715.13

Forgiveness Date

08/18/2021

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