PPP Loan information for Faasse electric llc

$21,057

Faasse electric llc was initially approved for PPP Loan of amount $21,057, the current approved amount is $21,057. The loan was approved on 02/26/2021 by The Valley National Bank reported 3 jobs and $21,057 was used to fund payroll.

Faasse electric llc is Existing or more than 2 years old

FAASSE ELECTRIC LLC

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FAASSE ELECTRIC LLC

Borrower Address

244 High Mountain Rd

Borrower City

North Haledon

Borrower State

NJ

Borrower Zip

07508-2412

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21057.00

Current Approval Amount

21057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Haledon

Project County Name

PASSAIC

Project State

NJ

Project Zip

07508-2412

CD

NJ-09

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21052.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21200.30

Forgiveness Date

11/02/2021

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