PPP Loan information for Peninsular electric distributors inc

$891,700

Peninsular electric distributors inc was initially approved for PPP Loan of amount $891,700, the current approved amount is $891,700. The loan was approved on 04/11/2020 by The Comerica Bank reported 67 jobs and $891,700 was used to fund payroll.

Peninsular electric distributors inc is Existing or more than 2 years old

PPP Loan Search / FL / WEST PALM BEACH / Peninsular electric distributors inc

PENINSULAR ELECTRIC DISTRIBUTORS INC

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PENINSULAR ELECTRIC DISTRIBUTORS INC

Borrower Address

1301 OLD OKEECHOBEE RD

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33401-6820

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

891700.00

Current Approval Amount

891700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33401-6820

CD

FL-22

Jobs Reported

67

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

713400.00

Mortgage Interest Proceed

178300.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

897842.82

Forgiveness Date

12/21/2020

;