Devon Electric Inc.

$1,309,967 PPP Loan in Malvern, Pennsylvania

Loan Details

Loan Number
6985077201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,309,967
Current Approval
$1,309,967
Forgiveness Amount
$1,324,000
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Devon Electric Inc.
Address
21 Coffman Ave
ZIP Code
19355-1512
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$23.0M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$1,309,967

Lender Information

Servicing Lender
First Commonwealth Bank
Originating Lender
First Commonwealth Bank

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