Cedar Electric, Inc.

$316,000 PPP Loan in Lititz, Pennsylvania

Loan Details

Loan Number
8289857107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$316,000
Current Approval
$316,000
Forgiveness Amount
$318,294
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cedar Electric, Inc.
Address
528 Cheltenham Court
City
Lititz
ZIP Code
17543
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
PA-11

Loan Use Breakdown

Payroll
$307,390
Rent
$1,110
Utilities
$700
Health Care
$6,800

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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