Substation Engineering Company

$1,291,725 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
5261997206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,291,725
Current Approval
$1,291,725
Forgiveness Amount
$1,300,193
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Substation Engineering Company
Address
6 Commerce Dr
ZIP Code
19607
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$968,794
Rent
$161,465
Utilities
$161,466

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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