Peninsular Electric Distributors INC

$891,700 PPP Loan in West Palm Beach, Florida

Loan Details

Loan Number
3668347104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$891,700
Current Approval
$891,700
Forgiveness Amount
$897,843
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Peninsular Electric Distributors INC
Address
1301 Old Okeechobee Rd
State
Florida
ZIP Code
33401-6820
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$20.5M
Rural/Urban
Urban
Congressional District
FL-22

Loan Use Breakdown

Payroll
$713,400
Mortgage Interest
$178,300

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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