PPP Loan information for Bolognese electric inc

$40,000

Bolognese electric inc was initially approved for PPP Loan of amount $40,005, the current approved amount is $40,000. The loan was approved on 05/01/2020 by The Cross River Bank reported 5 jobs and $40,000 was used to fund payroll.

Bolognese electric inc is Existing or more than 2 years old

BOLOGNESE ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BOLOGNESE ELECTRIC INC

Borrower Address

6507 PIONEER DRIVE

Borrower City

MACUNGIE

Borrower State

PA

Borrower Zip

18062

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40005.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACUNGIE

Project County Name

LEHIGH

Project State

PA

Project Zip

18062-0001

CD

PA-07

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40420.82

Forgiveness Date

05/27/2021

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