PPP Loan information for Electrical design & construction co

$263,680

Electrical design & construction co was initially approved for PPP Loan of amount $263,680, the current approved amount is $263,680. The loan was approved on 02/17/2021 by The Valley National Bank reported 8 jobs and $263,680 was used to fund payroll.

Electrical design & construction co is Existing or more than 2 years old

PPP Loan Search / NJ / Little Silver / Electrical design & construction co

ELECTRICAL DESIGN & CONSTRUCTION CO

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ELECTRICAL DESIGN & CONSTRUCTION CO

Borrower Address

100 Grant Pl

Borrower City

Little Silver

Borrower State

NJ

Borrower Zip

07739-1052

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263680.00

Current Approval Amount

263680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Silver

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07739-1052

CD

NJ-06

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

263676.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265291.38

Forgiveness Date

10/04/2021

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