PPP Loan information for Bullet electric inc

$1,725,372

Bullet electric inc was initially approved for PPP Loan of amount $1,308,092, the current approved amount is $1,725,372. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 52 jobs and $1,725,372 was used to fund payroll.

Bullet electric inc is Existing or more than 2 years old

BULLET ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BULLET ELECTRIC INC

Borrower Address

45 CARLTON AVE

Borrower City

EAST RUTHERFORD

Borrower State

NJ

Borrower Zip

07073-1613

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1308091.65

Current Approval Amount

1725372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST RUTHERFORD

Project County Name

BERGEN

Project State

NJ

Project Zip

07073-1613

CD

NJ-09

Jobs Reported

52

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1725372.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1761770.26

Forgiveness Date

05/27/2022

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