PPP Loan information for Federal electrical co., inc.

$25,505

Federal electrical co., inc. was initially approved for PPP Loan of amount $25,505, the current approved amount is $25,505. The loan was approved on 05/01/2020 by The Customers Bank reported 4 jobs and $25,505 was used to fund payroll.

Federal electrical co., inc. is Existing or more than 2 years old

PPP Loan Search / NJ / KEARNY / Federal electrical co., inc.

FEDERAL ELECTRICAL CO., INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FEDERAL ELECTRICAL CO., INC.

Borrower Address

406 FOREST STREET

Borrower City

KEARNY

Borrower State

NJ

Borrower Zip

07032

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25505.00

Current Approval Amount

25505.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KEARNY

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-0001

CD

NJ-09

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25505.00

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

Independent Contractors

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

25939.63

Forgiveness Date

01/25/2022

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