PPP Loan information for On track electronics

$8,300

On track electronics was initially approved for PPP Loan of amount $10,000, the current approved amount is $8,300. The loan was approved on 04/16/2020 by The Readycap Lending, LLC reported 2 jobs and $8,300 was used to fund payroll.

On track electronics is Existing or more than 2 years old

ON TRACK ELECTRONICS

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ON TRACK ELECTRONICS

Borrower Address

121 Chestnut St

Borrower City

Kearny

Borrower State

NJ

Borrower Zip

07032

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

8300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kearny

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-0001

CD

NJ-09

Jobs Reported

2

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8357.53

Forgiveness Date

01/07/2021

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