PPP Loan information for Davco electric inc

$20,000

Davco electric inc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 01/20/2021 by The Lakeland Bank reported 2 jobs and $20,000 was used to fund payroll.

Davco electric inc is Existing or more than 2 years old

DAVCO ELECTRIC INC

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DAVCO ELECTRIC INC

Borrower Address

6 Gloria Ln

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-3306

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

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

07004-3306

CD

NJ-11

Jobs Reported

2

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19997.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20092.22

Forgiveness Date

07/14/2021

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