PPP Loan information for Emerging power inc

$463,918

Emerging power inc was initially approved for PPP Loan of amount $463,918, the current approved amount is $463,918. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 41 jobs and $463,918 was used to fund payroll.

Emerging power inc is New Business or 2 years or less

PPP Loan Search / NJ / Hackensack / Emerging power inc

EMERGING POWER INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EMERGING POWER INC

Borrower Address

200 Holt St

Borrower City

Hackensack

Borrower State

NJ

Borrower Zip

07601

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

463918.00

Current Approval Amount

463918.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Hackensack

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-0610

CD

NJ-05

Jobs Reported

41

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

463918.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

467705.60

Forgiveness Date

02/26/2021

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