PPP Loan information for Tru-val electric corp.

$2,000,000

Tru-val electric corp. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The Loan Source Incorporated reported 147 jobs and $2,000,000 was used to fund payroll.

Tru-val electric corp. is Existing or more than 2 years old

PPP Loan Search / NJ / Rutherford / Tru-val electric corp.

TRU-VAL ELECTRIC CORP.

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TRU-VAL ELECTRIC CORP.

Borrower Address

85 Orient Way

Borrower City

Rutherford

Borrower State

NJ

Borrower Zip

07070-2070

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rutherford

Project County Name

BERGEN

Project State

NJ

Project Zip

07070-2070

CD

NJ-09

Jobs Reported

147

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

2023835.62

Forgiveness Date

04/13/2022

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