PPP Loan information for Hydro electric lift inc

$111,892

Hydro electric lift inc was initially approved for PPP Loan of amount $111,892, the current approved amount is $111,892. The loan was approved on 05/06/2020 by The Bank of America, National Association reported 12 jobs and $111,892 was used to fund payroll.

Hydro electric lift inc is Existing or more than 2 years old

HYDRO ELECTRIC LIFT INC

Date Approved

05/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HYDRO ELECTRIC LIFT INC

Borrower Address

1700 PATERSON PLANK RD

Borrower City

NORTH BERGEN

Borrower State

NJ

Borrower Zip

07047-1910

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111892.00

Current Approval Amount

111892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BERGEN

Project County Name

HUDSON

Project State

NJ

Project Zip

07047-1910

CD

NJ-08

Jobs Reported

12

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111892.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112793.27

Forgiveness Date

02/25/2021

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