PPP Loan information for Commercial electrical contractors inc

$2,000,000

Commercial electrical contractors 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 03/12/2021 by The Bank of America, National Association reported 69 jobs and $2,000,000 was used to fund payroll.

Commercial electrical contractors inc is Existing or more than 2 years old

PPP Loan Search / NY / Long Island City / Commercial electrical contractors inc

COMMERCIAL ELECTRICAL CONTRACTORS INC

Date Approved

03/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

COMMERCIAL ELECTRICAL CONTRACTORS INC

Borrower Address

1028 47th Ave

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101-5417

Loan Status Date

04/19/2022

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

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

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-5417

CD

NY-07

Jobs Reported

69

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

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

2019780.82

Forgiveness Date

03/11/2022

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