PPP Loan information for D electric motors, inc.

$106,500

D electric motors, inc. was initially approved for PPP Loan of amount $106,500, the current approved amount is $106,500. The loan was approved on 04/27/2020 by The Century Savings Bank reported 16 jobs and $106,500 was used to fund payroll.

D electric motors, inc. is Unanswered

D ELECTRIC MOTORS, INC.

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

106500.00

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

VINELAND

Servicing Lender State

NJ

Servicing Lender Zip

08360-6916

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

VINELAND

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-7011

CD

NJ-02

Jobs Reported

16

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106500.00

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

87134

Originating Lender

Century Savings Bank

Originating Lender City

VINELAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107445.37

Forgiveness Date

03/25/2021

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