Date Approved
04/27/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
D ELECTRIC MOTORS, INC.
Borrower Address
94 W SHERMAN AVE
Borrower City
VINELAND
Borrower State
NJ
Borrower Zip
08360-7011
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
106500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
87134
Servicing Lender Name
Century Savings Bank
Servicing Lender Address
1376 W Sherman Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
08360-6916
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
CUMBERLAND
Project State
Project Zip
CD
NJ-02
Jobs Reported
16
NAICS Code
811310
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
107445.37
Forgiveness Date
03/25/2021