PPP Loan information for Douglas electrical components inc

$999,930

Douglas electrical components inc was initially approved for PPP Loan of amount $999,930, the current approved amount is $999,930. The loan was approved on 04/10/2020 by The TD Bank, National Association reported 65 jobs and $999,930 was used to fund payroll.

Douglas electrical components inc is Existing or more than 2 years old

PPP Loan Search / NJ / RANDOLPH / Douglas electrical components inc

DOUGLAS ELECTRICAL COMPONENTS INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DOUGLAS ELECTRICAL COMPONENTS INC

Borrower Address

5 Middlebury Blvd

Borrower City

RANDOLPH

Borrower State

NJ

Borrower Zip

07869-1112

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

999930.00

Current Approval Amount

999930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RANDOLPH

Project County Name

MORRIS

Project State

NJ

Project Zip

07869-1112

CD

NJ-11

Jobs Reported

65

NAICS Code

334417

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

999930.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

996474.54

Forgiveness Date

12/14/2020

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