PPP Loan information for Feldman brothers electrical supply co., inc

$1,841,903

Feldman brothers electrical supply co., inc was initially approved for PPP Loan of amount $1,841,903, the current approved amount is $1,841,903. The loan was approved on 04/10/2020 by The Valley National Bank reported 114 jobs and $1,841,903 was used to fund payroll.

Feldman brothers electrical supply co., inc is Existing or more than 2 years old

PPP Loan Search / NJ / PATERSON / Feldman brothers electrical supply co., inc

FELDMAN BROTHERS ELECTRICAL SUPPLY CO., INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FELDMAN BROTHERS ELECTRICAL SUPPLY CO., INC

Borrower Address

26 Maryland Ave

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07503-2111

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1841903.00

Current Approval Amount

1841903.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07503-2111

CD

NJ-09

Jobs Reported

114

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1841903.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1860117.37

Forgiveness Date

04/14/2021

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