Preferred Electric, Inc.

$1,401,627 PPP Loan in New Castle, Delaware

Loan Details

Loan Number
7781017001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,401,627
Current Approval
$1,401,627
Forgiveness Amount
$1,417,525
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Electric, Inc.
Address
505 Churchmans Rd
ZIP Code
19720-3154
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$1,401,627

Lender Information

Servicing Lender
Wilmington Savings Fund Society, Fsb
Originating Lender
Wilmington Savings Fund Society, Fsb

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