PPP Loan information for Faigon electric inc

$581,400

Faigon electric inc was initially approved for PPP Loan of amount $581,400, the current approved amount is $581,400. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 20 jobs and $581,400 was used to fund payroll.

Faigon electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / PISCATAWAY / Faigon electric inc

FAIGON ELECTRIC INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FAIGON ELECTRIC INC

Borrower Address

140 11TH ST

Borrower City

PISCATAWAY

Borrower State

NJ

Borrower Zip

08854-1952

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

581400.00

Current Approval Amount

581400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PISCATAWAY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-1952

CD

NJ-06

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

581400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

587779.25

Forgiveness Date

05/21/2021

;