PPP Loan information for Ak electric inc

$19,485

Ak electric inc was initially approved for PPP Loan of amount $19,485, the current approved amount is $19,485. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 2 jobs and $19,485 was used to fund payroll.

Ak electric inc is New Business or 2 years or less

PPP Loan Search / NJ / MATAWAN / Ak electric inc

AK ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AK ELECTRIC INC

Borrower Address

53 STATE ROUTE 34 STE 2

Borrower City

MATAWAN

Borrower State

NJ

Borrower Zip

07747-1949

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19485.00

Current Approval Amount

19485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MATAWAN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07747-1949

CD

NJ-06

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19485.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19656.36

Forgiveness Date

03/19/2021

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