PPP Loan information for Hi tek electrical contractors inc

$122,321

Hi tek electrical contractors inc was initially approved for PPP Loan of amount $122,321, the current approved amount is $122,321. The loan was approved on 05/02/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $122,321 was used to fund payroll.

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

HI TEK ELECTRICAL CONTRACTORS INC

Date Approved

05/02/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HI TEK ELECTRICAL CONTRACTORS INC

Borrower Address

1602 FRASE ST

Borrower City

SOUTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07080

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122321.00

Current Approval Amount

122321.00

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

07080-0001

CD

NJ-06

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122321.00

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

123835.77

Forgiveness Date

08/03/2021

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