Date Approved
01/21/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
ALTEC ELECTRICAL CORPORATION
Borrower Address
904 Atlantic Ave
Borrower City
Point Pleasant Boro
Borrower State
NJ
Borrower Zip
08742-2917
Loan Status Date
10/13/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
592655.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
87220
Servicing Lender Name
Manasquan Bank
Servicing Lender Address
2221 Landmark Place
Servicing Lender City
WALL TOWNSHIP
Servicing Lender State
Servicing Lender Zip
08736-1051
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OCEAN
Project State
Project Zip
CD
NJ-04
Jobs Reported
38
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
592653.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
596359.09
Forgiveness Date
09/15/2021