PPP Loan information for Electronic technology inc

$2,657,000

Electronic technology inc was initially approved for PPP Loan of amount $2,657,000, the current approved amount is $2,657,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 146 jobs and $2,657,000 was used to fund payroll.

Electronic technology inc is Existing or more than 2 years old

ELECTRONIC TECHNOLOGY INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ELECTRONIC TECHNOLOGY INC

Borrower Address

511 LYONS AVE

Borrower City

IRVINGTON

Borrower State

NJ

Borrower Zip

07111-4717

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2657000.00

Current Approval Amount

2657000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IRVINGTON

Project County Name

ESSEX

Project State

NJ

Project Zip

07111-4717

CD

NJ-10

Jobs Reported

146

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2657000.00

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

Subchapter S 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

2688293.56

Forgiveness Date

06/15/2021

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