PPP Loan information for B g electric inc

$103,500

B g electric inc was initially approved for PPP Loan of amount $103,500, the current approved amount is $103,500. The loan was approved on 01/28/2021 by The PNC Bank, National Association reported 5 jobs and $103,500 was used to fund payroll.

B g electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / Flanders / B g electric inc

B G ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

B G ELECTRIC INC

Borrower Address

5 Laurel Dr Unit 16

Borrower City

Flanders

Borrower State

NJ

Borrower Zip

07836-4701

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103500.00

Current Approval Amount

103500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flanders

Project County Name

MORRIS

Project State

NJ

Project Zip

07836-4701

CD

NJ-07

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

103496.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104379.75

Forgiveness Date

12/02/2021

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