PPP Loan information for Electracom inc

$145,833

Electracom inc was initially approved for PPP Loan of amount $145,833, the current approved amount is $145,833. The loan was approved on 03/03/2021 by The Loan Source Incorporated reported 7 jobs and $145,833 was used to fund payroll.

Electracom inc is Existing or more than 2 years old

ELECTRACOM INC

Date Approved

03/03/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ELECTRACOM INC

Borrower Address

208 Croft Rd

Borrower City

North Wales

Borrower State

PA

Borrower Zip

19454-2422

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145833.00

Current Approval Amount

145833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Wales

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19454-2422

CD

PA-04

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145831.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147475.12

Forgiveness Date

04/27/2022

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