PPP Loan information for Selectric electrical contracting co. inc

$657,000

Selectric electrical contracting co. inc was initially approved for PPP Loan of amount $657,000, the current approved amount is $657,000. The loan was approved on 06/26/2020 by The Citibank, N.A. reported 17 jobs and $657,000 was used to fund payroll.

Selectric electrical contracting co. inc is Existing or more than 2 years old

SELECTRIC ELECTRICAL CONTRACTING CO. INC

Date Approved

06/26/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SELECTRIC ELECTRICAL CONTRACTING CO. INC

Borrower Address

78-14 46th avenue

Borrower City

Elmhurst

Borrower State

NY

Borrower Zip

11373

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

657000.00

Current Approval Amount

657000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

QUEENS

Project State

NY

Project Zip

11373-0001

CD

NY-06

Jobs Reported

17

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

657000.00

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

Cooperative

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

659892.95

Forgiveness Date

05/21/2021

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