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Lippolis Electric, Inc.

$6,188,600 PPP Loan in Pelham, New York

Loan Details

Loan Number
1951717104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$6,188,600
Current Approval
$6,141,825
Forgiveness Amount
$6,225,960
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lippolis Electric, Inc.
Address
25 Seventh Street
City
Pelham
State
New York
ZIP Code
10803-1211
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
337
Estimated Revenue
$110.9M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$6,141,825

Lender Information

Servicing Lender
New York Business Development Corporation
Originating Lender
New York Business Development Corporation

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