PPP Loan information for Paul's electric, inc.

$202,804

Paul's electric, inc. was initially approved for PPP Loan of amount $202,804, the current approved amount is $202,804. The loan was approved on 04/27/2020 by The Lakeland Bank reported 10 jobs and $202,804 was used to fund payroll.

Paul's electric, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / WEST MILFORD / Paul's electric, inc.

PAUL'S ELECTRIC, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PAUL'S ELECTRIC, INC.

Borrower Address

17 Demarest Drive

Borrower City

WEST MILFORD

Borrower State

NJ

Borrower Zip

07480

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202803.50

Current Approval Amount

202803.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST MILFORD

Project County Name

PASSAIC

Project State

NJ

Project Zip

07480-0001

CD

NJ-05

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202803.50

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204656.90

Forgiveness Date

03/31/2021

;