PPP Loan information for Electronic marine systems inc

$432,922

Electronic marine systems inc was initially approved for PPP Loan of amount $432,922, the current approved amount is $432,922. The loan was approved on 02/27/2021 by The Santander Bank, National Association reported 23 jobs and $432,922 was used to fund payroll.

Electronic marine systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / Rahway / Electronic marine systems inc

ELECTRONIC MARINE SYSTEMS INC

Date Approved

02/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ELECTRONIC MARINE SYSTEMS INC

Borrower Address

800 Ferndale Pl

Borrower City

Rahway

Borrower State

NJ

Borrower Zip

07065-4909

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

432922.00

Current Approval Amount

432922.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rahway

Project County Name

UNION

Project State

NJ

Project Zip

07065-4909

CD

NJ-07

Jobs Reported

23

NAICS Code

334511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

432919.00

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

437085.17

Forgiveness Date

02/17/2022

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