PPP Loan information for Cates electric corporation

$177,835

Cates electric corporation was initially approved for PPP Loan of amount $177,835, the current approved amount is $177,835. The loan was approved on 04/27/2020 by The Columbia Bank reported 15 jobs and $177,835 was used to fund payroll.

Cates electric corporation is New Business or 2 years or less

CATES ELECTRIC CORPORATION

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CATES ELECTRIC CORPORATION

Borrower Address

35 SHERMAN AVE

Borrower City

NORTH ARLINGTON

Borrower State

NJ

Borrower Zip

07031

Loan Status Date

03/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177835.00

Current Approval Amount

177835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH ARLINGTON

Project County Name

BERGEN

Project State

NJ

Project Zip

07031-4415

CD

NJ-09

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177835.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168851.21

Forgiveness Date

12/09/2020

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