PPP Loan information for Lockwood's electric motor service, inc.

$264,587

Lockwood's electric motor service, inc. was initially approved for PPP Loan of amount $264,587, the current approved amount is $264,587. The loan was approved on 04/29/2020 by The Customers Bank reported 18 jobs and $264,587 was used to fund payroll.

Lockwood's electric motor service, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Trenton / Lockwood's electric motor service, inc.

LOCKWOOD'S ELECTRIC MOTOR SERVICE, INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LOCKWOOD'S ELECTRIC MOTOR SERVICE, INC.

Borrower Address

2239 Nottingham Way

Borrower City

Trenton

Borrower State

NJ

Borrower Zip

08619

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264587.00

Current Approval Amount

264587.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Trenton

Project County Name

MERCER

Project State

NJ

Project Zip

08619-0001

CD

NJ-03

Jobs Reported

18

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264587.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

268682.66

Forgiveness Date

11/17/2021

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