PPP Loan information for Sechan electronics esop trust

$5,300,723

Sechan electronics esop trust was initially approved for PPP Loan of amount $5,300,723, the current approved amount is $5,300,723. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 354 jobs and $5,300,723 was used to fund payroll.

Sechan electronics esop trust is Existing or more than 2 years old

PPP Loan Search / PA / Lititz / Sechan electronics esop trust

SECHAN ELECTRONICS ESOP TRUST

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SECHAN ELECTRONICS ESOP TRUST

Borrower Address

525 Furnace Hills Pike

Borrower City

Lititz

Borrower State

PA

Borrower Zip

17543

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5300723.40

Current Approval Amount

5300723.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lititz

Project County Name

LANCASTER

Project State

PA

Project Zip

17543-0001

CD

PA-11

Jobs Reported

354

NAICS Code

334511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3975542.55

Mortgage Interest Proceed

0.00

Rent Proceed

1325180.85

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5361534.48

Forgiveness Date

06/11/2021

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