PPP Loan information for For-tech electric llc

$200,000

For-tech electric llc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 190 jobs and $200,000 was used to fund payroll.

For-tech electric llc is Existing or more than 2 years old

FOR-TECH ELECTRIC LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FOR-TECH ELECTRIC LLC

Borrower Address

500 JAMES ST STE 11

Borrower City

LAKEWOOD

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKEWOOD

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-0001

CD

NJ-04

Jobs Reported

190

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

19000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201856.56

Forgiveness Date

04/08/2021

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