Spring City Electrical Mfg Co
$1,433,640 PPP Loan in Spring City, Pennsylvania
Loan Details
- Loan Number
- 2825277107
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,433,640
- Current Approval
- $1,433,640
- Forgiveness Amount
- $1,444,756
- Forgiveness Date
- Jan 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spring City Electrical Mfg Co
- Address
- 1 S. Main Street
- City
- Spring City
- State
- Pennsylvania
- ZIP Code
- 19475-1858
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (331524)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 110
- Estimated Revenue
- $28.8M
- Rural/Urban
- Urban
- Congressional District
- PA-06
Loan Use Breakdown
- Payroll
- $988,059
- Rent
- $26,166
- Utilities
- $222,273
- Health Care
- $158,851
- Mortgage Interest
- $2,319
- Debt Interest
- $35,972
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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