PPP Loan information for Aaker electrical supply co, inc.

$231,344

Aaker electrical supply co, inc. was initially approved for PPP Loan of amount $231,344, the current approved amount is $231,344. The loan was approved on 04/09/2020 by The Valley National Bank reported 11 jobs and $231,344 was used to fund payroll.

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

AAKER ELECTRICAL SUPPLY CO, INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AAKER ELECTRICAL SUPPLY CO, INC.

Borrower Address

61 Willett Street BLDG D8

Borrower City

PASSAIC

Borrower State

NJ

Borrower Zip

07055-1971

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231344.00

Current Approval Amount

231344.00

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

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

0.00

Payroll Proceed

231344.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233130.49

Forgiveness Date

01/20/2021

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