PPP Loan information for Substation engineering company

$1,291,725

Substation engineering company was initially approved for PPP Loan of amount $1,291,725, the current approved amount is $1,291,725. The loan was approved on 04/27/2020 by The Fulton Bank, National Association reported 87 jobs and $1,291,725 was used to fund payroll.

Substation engineering company is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Substation engineering company

SUBSTATION ENGINEERING COMPANY

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SUBSTATION ENGINEERING COMPANY

Borrower Address

6 Commerce Dr

Borrower City

Reading

Borrower State

PA

Borrower Zip

19607

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1291725.00

Current Approval Amount

1291725.00

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

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19607-0001

CD

PA-06

Jobs Reported

87

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

161466.00

Payroll Proceed

968794.00

Mortgage Interest Proceed

0.00

Rent Proceed

161465.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1300192.98

Forgiveness Date

12/22/2020

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