PPP Loan information for Electronic concepts, inc

$1,909,000

Electronic concepts, inc was initially approved for PPP Loan of amount $1,909,000, the current approved amount is $1,909,000. The loan was approved on 04/09/2020 by The TD Bank, National Association reported 168 jobs and $1,909,000 was used to fund payroll.

Electronic concepts, inc is Existing or more than 2 years old

ELECTRONIC CONCEPTS, INC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ELECTRONIC CONCEPTS, INC

Borrower Address

526 INDUSTRIAL WAY W

Borrower City

EATONTOWN

Borrower State

NJ

Borrower Zip

07724-2212

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1909000.00

Current Approval Amount

1909000.00

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

EATONTOWN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07724-2212

CD

NJ-04

Jobs Reported

168

NAICS Code

334416

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1909000.00

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

Subchapter S 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

1931695.89

Forgiveness Date

06/17/2021

;