PPP Loan information for New light electric inc

$684,135

New light electric inc was initially approved for PPP Loan of amount $684,135, the current approved amount is $684,135. The loan was approved on 01/20/2021 by The First Citizens Community Bank reported 25 jobs and $684,135 was used to fund payroll.

New light electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / Pennsauken / New light electric inc

NEW LIGHT ELECTRIC INC

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEW LIGHT ELECTRIC INC

Borrower Address

2760 Colonial Ave

Borrower City

Pennsauken

Borrower State

NJ

Borrower Zip

08110-1006

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

684135.00

Current Approval Amount

684135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61007

Servicing Lender Name

First Citizens Community Bank

Servicing Lender Address

15 S Main St

Servicing Lender City

MANSFIELD

Servicing Lender State

PA

Servicing Lender Zip

16933-1507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08110-1006

CD

NJ-01

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

684135.00

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

Subchapter S Corporation

Originating Lender Location Id

87216

Originating Lender

Huntingdon Valley Bank

Originating Lender City

HUNTINGDON VALLEY

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

689874.13

Forgiveness Date

11/22/2021

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