PPP Loan information for Klas electrical contractors inc

$101,200

Klas electrical contractors inc was initially approved for PPP Loan of amount $101,200, the current approved amount is $101,200. The loan was approved on 05/07/2021 by The Coastal States Bank reported 9 jobs and $101,200 was used to fund payroll.

Klas electrical contractors inc is Existing or more than 2 years old

KLAS ELECTRICAL CONTRACTORS INC

Date Approved

05/07/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

KLAS ELECTRICAL CONTRACTORS INC

Borrower Address

40 Glendale Rd

Borrower City

Summit

Borrower State

NJ

Borrower Zip

07901-3715

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101200.00

Current Approval Amount

101200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

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

07901-3715

CD

NJ-07

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

101197.00

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

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101925.27

Forgiveness Date

03/10/2022

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