PPP Loan information for Potential electric, llc

$789,441

Potential electric, llc was initially approved for PPP Loan of amount $789,441, the current approved amount is $789,441. The loan was approved on 05/01/2020 by The Cross River Bank reported 39 jobs and $789,441 was used to fund payroll.

Potential electric, llc is Existing or more than 2 years old

POTENTIAL ELECTRIC, LLC

Date Approved

05/01/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

POTENTIAL ELECTRIC, LLC

Borrower Address

4629 36th Street Suite 200

Borrower City

Orlando

Borrower State

FL

Borrower Zip

32811

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

789441.00

Current Approval Amount

789441.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Orlando

Project County Name

ORANGE

Project State

FL

Project Zip

32811-1101

CD

FL-10

Jobs Reported

39

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

789441.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

794913.02

Forgiveness Date

01/20/2021

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