PPP Loan information for Hi tek electrical contractors inc

$119,442

Hi tek electrical contractors inc was initially approved for PPP Loan of amount $119,442, the current approved amount is $119,442. The loan was approved on 03/05/2021 by The Wells Fargo Bank, National Association reported 9 jobs and $119,442 was used to fund payroll.

Hi tek electrical contractors inc is Existing or more than 2 years old

PPP Loan Search / NJ / South Plainfield / Hi tek electrical contractors inc

HI TEK ELECTRICAL CONTRACTORS INC

Date Approved

03/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

HI TEK ELECTRICAL CONTRACTORS INC

Borrower Address

1602 Frase St

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080-2136

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119442.00

Current Approval Amount

119442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-2136

CD

NJ-06

Jobs Reported

9

NAICS Code

238990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119440.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120597.15

Forgiveness Date

02/25/2022

;