PPP Loan information for Audio energy inc

$230,925

Audio energy inc was initially approved for PPP Loan of amount $230,925, the current approved amount is $230,925. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 16 jobs and $230,925 was used to fund payroll.

Audio energy inc is Existing or more than 2 years old

AUDIO ENERGY INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AUDIO ENERGY INC

Borrower Address

45 Davis Street

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080-1429

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230925.00

Current Approval Amount

230925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-1429

CD

NJ-06

Jobs Reported

16

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28865.63

Payroll Proceed

173193.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28865.62

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232714.67

Forgiveness Date

01/27/2021

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