Sovereign Electric LLC

$62,580 PPP Loan in Palmyra, New Jersey

Loan Details

Loan Number
6082387406
Date Approved
May 13, 2020
Loan Status
Paid in Full
Initial Approval
$62,580
Current Approval
$62,580
Forgiveness Amount
$63,192
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sovereign Electric LLC
Address
526 Cinnaminson Avenue
ZIP Code
08065
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$46,935
Utilities
$7,823
Mortgage Interest
$7,823

Lender Information

Servicing Lender
Square Capital, LLC
Originating Lender
Celtic Bank Corporation

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