PPP Loan information for Forte electric company

$41,600

Forte electric company was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 02/25/2021 by The Newtek Small Business Finance, Inc. reported 4 jobs and $41,600 was used to fund payroll.

Forte electric company is Existing or more than 2 years old

PPP Loan Search / NJ / Summit / Forte electric company

FORTE ELECTRIC COMPANY

Date Approved

02/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FORTE ELECTRIC COMPANY

Borrower Address

16 Baltusrol Pl

Borrower City

Summit

Borrower State

NJ

Borrower Zip

07901-3334

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Summit

Project County Name

UNION

Project State

NJ

Project Zip

07901-3334

CD

NJ-07

Jobs Reported

4

NAICS Code

238210

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41600.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41966.31

Forgiveness Date

02/03/2022

;