PPP Loan information for Nationwide electrical services, inc

$1,035,300

Nationwide electrical services, inc was initially approved for PPP Loan of amount $1,035,300, the current approved amount is $1,035,300. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 45 jobs and $1,035,300 was used to fund payroll.

Nationwide electrical services, inc is Existing or more than 2 years old

NATIONWIDE ELECTRICAL SERVICES, INC

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NATIONWIDE ELECTRICAL SERVICES, INC

Borrower Address

2625 Evarts Street Northeast Unit B

Borrower City

Washington

Borrower State

DC

Borrower Zip

20018

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1035300.00

Current Approval Amount

1035300.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20018-0001

CD

DC-

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4773.00

Payroll Proceed

943317.00

Mortgage Interest Proceed

0.00

Rent Proceed

27612.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51750.00

Debt Interest Proceed

7848

Business Type

Subchapter S 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

1041937.27

Forgiveness Date

12/22/2020

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