PPP Loan information for All purpose electric co inc

$25,200

All purpose electric co inc was initially approved for PPP Loan of amount $25,200, the current approved amount is $25,200. The loan was approved on 03/18/2021 by The Valley National Bank reported 2 jobs and $25,200 was used to fund payroll.

All purpose electric co inc is Existing or more than 2 years old

ALL PURPOSE ELECTRIC CO INC

Date Approved

03/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ALL PURPOSE ELECTRIC CO INC

Borrower Address

30 Harrison Rd

Borrower City

Kinnelon

Borrower State

NJ

Borrower Zip

07405-2556

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25200.00

Current Approval Amount

25200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kinnelon

Project County Name

MORRIS

Project State

NJ

Project Zip

07405-2556

CD

NJ-11

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

25198.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25364.50

Forgiveness Date

11/10/2021

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