PPP Loan information for Premium electric, inc

$165,499

Premium electric, inc was initially approved for PPP Loan of amount $165,499, the current approved amount is $165,499. The loan was approved on 04/28/2020 by The Valley National Bank reported 6 jobs and $165,499 was used to fund payroll.

Premium electric, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Clifton / Premium electric, inc

PREMIUM ELECTRIC, INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PREMIUM ELECTRIC, INC

Borrower Address

825 Bloomfield Ave

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07012

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165499.00

Current Approval Amount

165499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07012-0301

CD

NJ-09

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165499.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167416.03

Forgiveness Date

07/06/2021

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