PPP Loan information for Aladdin electric co inc

$306,597

Aladdin electric co inc was initially approved for PPP Loan of amount $306,597, the current approved amount is $306,597. The loan was approved on 03/12/2021 by The Navigant CU reported 15 jobs and $306,597 was used to fund payroll.

Aladdin electric co inc is Existing or more than 2 years old

ALADDIN ELECTRIC CO INC

Date Approved

03/12/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ALADDIN ELECTRIC CO INC

Borrower Address

1206 Hartford Ave

Borrower City

Johnston

Borrower State

RI

Borrower Zip

02919-7131

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306597.00

Current Approval Amount

306597.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104771

Servicing Lender Name

Navigant CU

Servicing Lender Address

1005 Douglas Pike

Servicing Lender City

SMITHFIELD

Servicing Lender State

RI

Servicing Lender Zip

02917-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-7131

CD

RI-02

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

306597.00

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

104771

Originating Lender

Navigant CU

Originating Lender City

SMITHFIELD

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308538.78

Forgiveness Date

10/27/2021

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