PPP Loan information for Contact electric corp.

$1,131,163

Contact electric corp. was initially approved for PPP Loan of amount $1,131,162, the current approved amount is $1,131,163. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 104 jobs and $1,131,163 was used to fund payroll.

Contact electric corp. is Existing or more than 2 years old

CONTACT ELECTRIC CORP.

Date Approved

04/13/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

CONTACT ELECTRIC CORP.

Borrower Address

1266 36th St.

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11218-2010

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1131162.00

Current Approval Amount

1131162.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11218-2010

CD

NY-10

Jobs Reported

104

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

1088330.50

Mortgage Interest Proceed

6055.00

Rent Proceed

4200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14292.00

Debt Interest Proceed

16785

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1142412.14

Forgiveness Date

04/20/2021

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