PPP Loan information for Buy rite electronics inc

$86,351

Buy rite electronics inc was initially approved for PPP Loan of amount $86,351, the current approved amount is $86,351. The loan was approved on 03/03/2021 by The Cross River Bank reported 8 jobs and $86,351 was used to fund payroll.

Buy rite electronics inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood / Buy rite electronics inc

BUY RITE ELECTRONICS INC

Date Approved

03/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BUY RITE ELECTRONICS INC

Borrower Address

150 Oberlin Ave N Unit 12150 Oberlin Ave N Unit 12

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86351.00

Current Approval Amount

86351.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701

CD

NJ-03

Jobs Reported

8

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

86349.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87098.59

Forgiveness Date

01/18/2022

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