PPP Loan information for Scs electric inc

$65,887

Scs electric inc was initially approved for PPP Loan of amount $65,887, the current approved amount is $65,887. The loan was approved on 04/28/2020 by The Valley National Bank reported 5 jobs and $65,887 was used to fund payroll.

Scs electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / West Milford / Scs electric inc

SCS ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCS ELECTRIC INC

Borrower Address

1100 Macopin Rd

Borrower City

West Milford

Borrower State

NJ

Borrower Zip

07480

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65887.00

Current Approval Amount

65887.00

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

West Milford

Project County Name

PASSAIC

Project State

NJ

Project Zip

07480-0001

CD

NJ-05

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65887.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66785.63

Forgiveness Date

09/10/2021

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