PPP Loan information for Dependable electric company

$143,775

Dependable electric company was initially approved for PPP Loan of amount $143,775, the current approved amount is $143,775. The loan was approved on 04/29/2020 by The Customers Bank reported 8 jobs and $143,775 was used to fund payroll.

Dependable electric company is Existing or more than 2 years old

DEPENDABLE ELECTRIC COMPANY

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DEPENDABLE ELECTRIC COMPANY

Borrower Address

28 May Street

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08837

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143775.00

Current Approval Amount

143775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edison

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08837-2000

CD

NJ-06

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143775.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145807.55

Forgiveness Date

09/28/2021

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