PPP Loan information for Anderson electrical contracting corp

$55,522

Anderson electrical contracting corp was initially approved for PPP Loan of amount $55,522, the current approved amount is $55,522. The loan was approved on 04/28/2020 by The Valley National Bank reported 6 jobs and $55,522 was used to fund payroll.

Anderson electrical contracting corp is Existing or more than 2 years old

ANDERSON ELECTRICAL CONTRACTING CORP

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ANDERSON ELECTRICAL CONTRACTING CORP

Borrower Address

81 WOODLAND AVE

Borrower City

VERONA

Borrower State

NJ

Borrower Zip

07044

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55522.00

Current Approval Amount

55522.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERONA

Project County Name

ESSEX

Project State

NJ

Project Zip

07044-0001

CD

NJ-10

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55522.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55901.40

Forgiveness Date

01/07/2021

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