PPP Loan information for Aaker electrical supply co inc

$174,888

Aaker electrical supply co inc was initially approved for PPP Loan of amount $174,888, the current approved amount is $174,888. The loan was approved on 02/01/2021 by The Valley National Bank reported 11 jobs and $174,888 was used to fund payroll.

Aaker electrical supply co inc is Existing or more than 2 years old

PPP Loan Search / NJ / Passaic / Aaker electrical supply co inc

AAKER ELECTRICAL SUPPLY CO INC

Date Approved

02/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AAKER ELECTRICAL SUPPLY CO INC

Borrower Address

61 Willet St

Borrower City

Passaic

Borrower State

NJ

Borrower Zip

07055-1971

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174887.50

Current Approval Amount

174887.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Passaic

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-1971

CD

NJ-09

Jobs Reported

11

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

174881.50

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175781.37

Forgiveness Date

08/13/2021

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