PPP Loan information for Transel elevator & electric inc

$9,848,266

Transel elevator & electric inc was initially approved for PPP Loan of amount $9,848,266, the current approved amount is $9,848,266. The loan was approved on 04/13/2020 by The Customers Bank reported 300 jobs and $9,848,266 was used to fund payroll.

Transel elevator & electric inc is Existing or more than 2 years old

PPP Loan Search / NY / LONG ISLAND CITY / Transel elevator & electric inc

TRANSEL ELEVATOR & ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

TRANSEL ELEVATOR & ELECTRIC INC

Borrower Address

30-30 47th Avenue Suite 610

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-1810

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9848266.00

Current Approval Amount

9848266.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-1810

CD

NY-07

Jobs Reported

300

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9848266.00

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

Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9962667.77

Forgiveness Date

06/15/2021

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