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Lippolis Electric Inc.

$2,000,000 PPP Loan in Pelham, New York

Loan Details

Loan Number
3754438502
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,028,219
Forgiveness Date
Jul 27, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lippolis Electric Inc.
Address
25 7th St
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
285
Estimated Revenue
$93.8M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

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

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