New Light Electric, Inc.

$500,000 PPP Loan in Media, Pennsylvania

Loan Details

Loan Number
8034017100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$504,123
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Light Electric, Inc.
Address
317 Josephs Way
City
Media
ZIP Code
19063
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$29.6M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$500,000

Lender Information

Servicing Lender
Citizens Bank, National Association
Originating Lender
Citizens Bank, National Association

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