PPP Loan information for Alm electric co., inc.

$590,200

Alm electric co., inc. was initially approved for PPP Loan of amount $590,200, the current approved amount is $590,200. The loan was approved on 04/28/2020 by The First Bank reported 18 jobs and $590,200 was used to fund payroll.

Alm electric co., inc. is Unanswered

ALM ELECTRIC CO., INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALM ELECTRIC CO., INC.

Borrower Address

19 Flanders Netcong Road

Borrower City

FLANDERS

Borrower State

NJ

Borrower Zip

07836-9736

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590200.00

Current Approval Amount

590200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

FLANDERS

Project County Name

MORRIS

Project State

NJ

Project Zip

07836-9736

CD

NJ-07

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

590200.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

596409.23

Forgiveness Date

05/21/2021

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