PPP Loan information for Electrical equipment & repair co

$64,312

Electrical equipment & repair co was initially approved for PPP Loan of amount $64,312, the current approved amount is $64,312. The loan was approved on 03/30/2021 by The Bank of America, National Association reported 6 jobs and $64,312 was used to fund payroll.

Electrical equipment & repair co is Existing or more than 2 years old

ELECTRICAL EQUIPMENT & REPAIR CO

Date Approved

03/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ELECTRICAL EQUIPMENT & REPAIR CO

Borrower Address

445 E 16th St 445 E 16th St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07514-2647

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64312.00

Current Approval Amount

64312.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07514-2647

CD

NJ-09

Jobs Reported

6

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

64310.00

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

65011.50

Forgiveness Date

05/05/2022

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