PPP Loan information for Sal electric co., inc.

$1,618,820

Sal electric co., inc. was initially approved for PPP Loan of amount $1,618,820, the current approved amount is $1,618,820. The loan was approved on 04/05/2020 by The Columbia Bank reported 116 jobs and $1,618,820 was used to fund payroll.

Sal electric co., inc. is Existing or more than 2 years old

PPP Loan Search / NJ / JERSEY CITY / Sal electric co., inc.

SAL ELECTRIC CO., INC.

Date Approved

04/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SAL ELECTRIC CO., INC.

Borrower Address

83 FLEET ST

Borrower City

JERSEY CITY

Borrower State

NJ

Borrower Zip

07306-2211

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1618820.00

Current Approval Amount

1618820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JERSEY CITY

Project County Name

HUDSON

Project State

NJ

Project Zip

07306-2211

CD

NJ-08

Jobs Reported

116

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1618820.00

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

Corporation

Originating Lender Location Id

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1632834.99

Forgiveness Date

02/26/2021

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