PPP Loan information for Compact power inc

$42,500

Compact power inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 5 jobs and $42,500 was used to fund payroll.

Compact power inc is Existing or more than 2 years old

PPP Loan Search / NJ / SUMMIT / Compact power inc

COMPACT POWER INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COMPACT POWER INC

Borrower Address

490 Morris Avenue

Borrower City

SUMMIT

Borrower State

NJ

Borrower Zip

07901-7500

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMMIT

Project County Name

UNION

Project State

NJ

Project Zip

07901-7500

CD

NJ-07

Jobs Reported

5

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42935.48

Forgiveness Date

05/03/2021

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