PPP Loan information for Klas electrical contractors

$109,692

Klas electrical contractors was initially approved for PPP Loan of amount $109,692, the current approved amount is $109,692. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $109,692 was used to fund payroll.

Klas electrical contractors is New Business or 2 years or less

PPP Loan Search / NJ / SUMMIT / Klas electrical contractors

KLAS ELECTRICAL CONTRACTORS

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KLAS ELECTRICAL CONTRACTORS

Borrower Address

40 GLENDALE RD

Borrower City

SUMMIT

Borrower State

NJ

Borrower Zip

07901-3715

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109692.00

Current Approval Amount

109692.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SUMMIT

Project County Name

UNION

Project State

NJ

Project Zip

07901-3715

CD

NJ-07

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109692.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110843.01

Forgiveness Date

05/20/2021

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