Charles H. Macdonald Electric, Inc.
$2,600,000 PPP Loan in Paoli, Pennsylvania
Loan Details
- Loan Number
- 5114787006
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,600,000
- Current Approval
- $2,600,000
- Forgiveness Amount
- $2,630,550
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Charles H. Macdonald Electric, Inc.
- Address
- 30 S. Valley Road Suite 310
- City
- Paoli
- State
- Pennsylvania
- ZIP Code
- 19301-1408
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 65
- Estimated Revenue
- $21.4M
- Rural/Urban
- Urban
- Congressional District
- PA-06
Loan Use Breakdown
- Payroll
- $2,197,000
- Health Care
- $403,000
Lender Information
- Servicing Lender
- Peoples Security Bank and Trust Company
- Originating Lender
- Peoples Security Bank and Trust Company
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