PPP Loan information for Electro lift

$400,000

Electro lift was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 22 jobs and $400,000 was used to fund payroll.

Electro lift is Existing or more than 2 years old

ELECTRO LIFT

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ELECTRO LIFT

Borrower Address

204 SARGEANT AVE

Borrower City

CLIFTON

Borrower State

NJ

Borrower Zip

07013-1932

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIFTON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07013-1932

CD

NJ-09

Jobs Reported

22

NAICS Code

333923

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

355650.93

Forgiveness Date

07/20/2021

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