PPP Loan information for Delco electrical corp.

$2,000,000

Delco electrical corp. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/05/2021 by The Signature Bank reported 168 jobs and $2,000,000 was used to fund payroll.

Delco electrical corp. is Existing or more than 2 years old

PPP Loan Search / NY / New York / Delco electrical corp.

DELCO ELECTRICAL CORP.

Date Approved

03/05/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

DELCO ELECTRICAL CORP.

Borrower Address

241 W 37th St Rm 700

Borrower City

New York

Borrower State

NY

Borrower Zip

10018-6764

Loan Status Date

10/20/2022

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

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10018-6764

CD

NY-12

Jobs Reported

168

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Subchapter S Corporation

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2031178.08

Forgiveness Date

09/29/2022

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