PPP Loan information for Champion electric co. inc.

$30,490

Champion electric co. inc. was initially approved for PPP Loan of amount $30,490, the current approved amount is $30,490. The loan was approved on 04/22/2021 by The Lakeland Bank reported 3 jobs and $30,490 was used to fund payroll.

Champion electric co. inc. is Existing or more than 2 years old

CHAMPION ELECTRIC CO. INC.

Date Approved

04/22/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CHAMPION ELECTRIC CO. INC.

Borrower Address

51 Main St

Borrower City

Bloomingdale

Borrower State

NJ

Borrower Zip

07403-1606

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30490.00

Current Approval Amount

30490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomingdale

Project County Name

PASSAIC

Project State

NJ

Project Zip

07403-1606

CD

NJ-05

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30490.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30579.78

Forgiveness Date

08/13/2021

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