PPP Loan information for Daidone electric, inc.

$1,600,000

Daidone electric, inc. was initially approved for PPP Loan of amount $1,600,000, the current approved amount is $1,600,000. The loan was approved on 04/15/2020 by The Santander Bank, National Association reported 84 jobs and $1,600,000 was used to fund payroll.

Daidone electric, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Daidone electric, inc.

DAIDONE ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DAIDONE ELECTRIC, INC.

Borrower Address

200 Raymond Blvd

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1600000.00

Current Approval Amount

1600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

84

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1600000.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1616000.00

Forgiveness Date

04/22/2021

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