Right Electric INC

$952,717 PPP Loan in Butler, Pennsylvania

Loan Details

Loan Number
9920588407
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$952,717
Current Approval
$952,717
Forgiveness Amount
$964,335
Forgiveness Date
May 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Right Electric INC
Address
317 Meridian Rd
City
Butler
ZIP Code
16001-2920
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
PA-16

Loan Use Breakdown

Payroll
$952,711
Utilities
$1

Lender Information

Servicing Lender
Nextier Bank, National Association
Originating Lender
Nextier Bank, National Association

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