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Palace Electrical Contractors Inc.

$866,800 PPP Loan in Wantagh, New York

Loan Details

Loan Number
9337417202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$866,800
Current Approval
$866,800
Forgiveness Amount
$877,202
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palace Electrical Contractors Inc.
Address
3558 Park Avenue
City
Wantagh
State
New York
ZIP Code
11793
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
NY-04

Loan Use Breakdown

Payroll
$866,800

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Webster Bank National Association

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