PPP Loan information for Martin electrical contractors inc.

$261,765

Martin electrical contractors inc. was initially approved for PPP Loan of amount $261,765, the current approved amount is $261,765. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 29 jobs and $261,765 was used to fund payroll.

Martin electrical contractors inc. is New Business or 2 years or less

MARTIN ELECTRICAL CONTRACTORS INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MARTIN ELECTRICAL CONTRACTORS INC.

Borrower Address

385 Wild Avenue Unit I

Borrower City

STATEN ISLAND

Borrower State

NY

Borrower Zip

10314

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

261765.00

Current Approval Amount

261765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STATEN ISLAND

Project County Name

RICHMOND

Project State

NY

Project Zip

10314-0001

CD

NY-11

Jobs Reported

29

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24517.00

Payroll Proceed

128102.00

Mortgage Interest Proceed

0.00

Rent Proceed

39600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

69546.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;