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Medco Electric INC

$247,777 PPP Loan in Yonkers, New York

Loan Details

Loan Number
7650577310
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$247,777
Current Approval
$237,777
Forgiveness Amount
$240,903
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Medco Electric INC
Address
157 Tibbetts Rd Suite 103
City
Yonkers
State
New York
ZIP Code
10705
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$227,777
Rent
$9,000
Utilities
$1,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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