PPP Loan information for Major electric inc

$262,730

Major electric inc was initially approved for PPP Loan of amount $262,730, the current approved amount is $262,730. The loan was approved on 01/29/2021 by The Bank of America, National Association reported 18 jobs and $262,730 was used to fund payroll.

Major electric inc is Existing or more than 2 years old

MAJOR ELECTRIC INC

Date Approved

01/29/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

MAJOR ELECTRIC INC

Borrower Address

2447 44th St Ste 3

Borrower City

Astoria

Borrower State

NY

Borrower Zip

11103-2079

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262730.00

Current Approval Amount

262730.00

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

Astoria

Project County Name

QUEENS

Project State

NY

Project Zip

11103-2079

CD

NY-14

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

262728.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264140.82

Forgiveness Date

08/18/2021

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