JOHNSON ELECTRICAL CONSTRUCTION, INC. (DE) - 2020 PPP Loan Borrower Profile (# 9020257106)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to JOHNSON ELECTRICAL CONSTRUCTION, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
9020257106
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$126,915
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$128,191.1
Date Loan was Forgiven
Apr 27, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
400
Payroll Proced
111,915
Mortgage Interest Proceed
0
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
14,600
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
236220
Borrower Location
Smyrna, DE
Project Location
Smyrna, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
9
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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