As part of the Paycheck Protection Program CAPITOL ELECTRIC CORP was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

CAPITOL ELECTRIC CORP


Loan Amount	$1,235,330
BusinessName	CAPITOL ELECTRIC CORP
Address	44 Carnation Ave
City	Floral Park
State	NY
Zip	11001
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	53
DateApproved	05/01/2020
Lender	JPMorgan Chase Bank, National Association
CD	NY-03
BusinessName.clean	CAPITOL ELECTRIC CORP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

CAPITOL ENTERPRISES
CAPITOL EXHIBIT SERVICES
CAPITOL FIRE SPRINKLER CO
CAPITOL FORD LINCOLN
CAPITOL GROUP