PPP Loan information for D electric motors inc.

$111,819

D electric motors inc. was initially approved for PPP Loan of amount $111,819, the current approved amount is $111,819. The loan was approved on 03/18/2021 by The Century Savings Bank reported 11 jobs and $111,819 was used to fund payroll.

D electric motors inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Vineland / D electric motors inc.

D ELECTRIC MOTORS INC.

Date Approved

03/18/2021

SBA Office Code

0299

Processing Method

PPS

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

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111819.00

Current Approval Amount

111819.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Vineland

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-7011

CD

NJ-02

Jobs Reported

11

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111818.00

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

112621.65

Forgiveness Date

12/14/2021

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