PPP Loan information for Bursese electric, inc.

$231,652

Bursese electric, inc. was initially approved for PPP Loan of amount $231,652, the current approved amount is $231,652. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 15 jobs and $231,652 was used to fund payroll.

Bursese electric, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / FAIRFIELD / Bursese electric, inc.

BURSESE ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BURSESE ELECTRIC, INC.

Borrower Address

1275 BLOOMFIELD AVE STE 6

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231652.00

Current Approval Amount

231652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-0011

CD

NJ-11

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

207792.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17660.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234496.04

Forgiveness Date

07/27/2021

;