PPP Loan information for R j electric inc

$101,050

R j electric inc was initially approved for PPP Loan of amount $101,050, the current approved amount is $101,050. The loan was approved on 01/22/2021 by The Signature Bank reported 6 jobs and $101,050 was used to fund payroll.

R j electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cranford / R j electric inc

R J ELECTRIC INC

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

R J ELECTRIC INC

Borrower Address

945 Lincoln Ave E

Borrower City

Cranford

Borrower State

NJ

Borrower Zip

07016-3155

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101050.00

Current Approval Amount

101050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranford

Project County Name

UNION

Project State

NJ

Project Zip

07016-3155

CD

NJ-10

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101048.00

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

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101612.00

Forgiveness Date

08/26/2021

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