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Pel Electric INC

$75,600 PPP Loan in Wooster, Ohio

Loan Details

Loan Number
1699087701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$75,600
Current Approval
$75,600
Forgiveness Amount
$76,419
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pel Electric INC
Address
935 Spruce Street
City
Wooster
State
Ohio
ZIP Code
44691
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-07

Loan Use Breakdown

Payroll
$66,600
Rent
$6,000
Utilities
$3,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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