PPP Loan information for Colonial electrical contractors llc

$50,448

Colonial electrical contractors llc was initially approved for PPP Loan of amount $50,448, the current approved amount is $50,448. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $50,448 was used to fund payroll.

Colonial electrical contractors llc is New Business or 2 years or less

COLONIAL ELECTRICAL CONTRACTORS LLC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COLONIAL ELECTRICAL CONTRACTORS LLC

Borrower Address

3310 N LEISURE WORLD BLVD.#704 3310 N LSUR WLD BLVD APT 704

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20906-5685

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50448.00

Current Approval Amount

50448.00

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

New Business or 2 years or less

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20906-5685

CD

MD-08

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50448.00

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

50861.26

Forgiveness Date

02/25/2021

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