PPP Loan information for Echelon enterprises inc

$113,944

Echelon enterprises inc was initially approved for PPP Loan of amount $113,944, the current approved amount is $113,944. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 12 jobs and $113,944 was used to fund payroll.

Echelon enterprises inc is New Business or 2 years or less

PPP Loan Search / NJ / NEWARK / Echelon enterprises inc

ECHELON ENTERPRISES INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ECHELON ENTERPRISES INC

Borrower Address

NEWARK, NJ 07105 61 NEW JERSEY RAILROAD AVE APT 9

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105-8400

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113944.00

Current Approval Amount

113944.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-8400

CD

NJ-08

Jobs Reported

12

NAICS Code

561499

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113944.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105146.59

Forgiveness Date

07/02/2021

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