ARMOUR & SONS ELECTRIC INC (PA) - 2020 PPP Loan Borrower Profile (# 9879727010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARMOUR & SONS ELECTRIC 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 Pennsylvania.

Loan Detail

Loan Number

9879727010

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$3,185,800

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$3,220,276.47

Date Loan was Forgiven

May 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,185,800

Lender

Univest Bank and Trust Co

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

LANGHORNE, PA

Project Location

LANGHORNE, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

163

Business Age Description

Existing or more than 2 years old

Data Source: SBA.