PPP Loan information for Schooley electric inc

$150,000

Schooley electric inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 06/05/2020 by The Fulton Bank, National Association reported 10 jobs and $150,000 was used to fund payroll.

Schooley electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cherry Hill / Schooley electric inc

SCHOOLEY ELECTRIC INC

Date Approved

06/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCHOOLEY ELECTRIC INC

Borrower Address

1812 Garden Avenue, PO Box 3125

Borrower City

Cherry Hill

Borrower State

NJ

Borrower Zip

08034

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherry Hill

Project County Name

CAMDEN

Project State

NJ

Project Zip

08034-0001

CD

NJ-01

Jobs Reported

10

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37500.00

Payroll Proceed

112500.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151120.83

Forgiveness Date

03/02/2021

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