Date Approved
05/11/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
VALCONN ELECTRONICS INC.
Borrower Address
909 Rahway Ave
Borrower City
Union
Borrower State
NJ
Borrower Zip
07083-6549
Loan Status Date
12/20/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
374980.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
529471
Servicing Lender Name
Itria Ventures LLC
Servicing Lender Address
One Penn Plaza, Suite 4530
Servicing Lender City
New York
Servicing Lender State
NY
Servicing Lender Zip
10119
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UNION
Project State
Project Zip
CD
NJ-10
Jobs Reported
29
NAICS Code
423690
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
380583.87
Forgiveness Date
11/14/2022