PPP Loan information for Fc electric inc

$166,710

Fc electric inc was initially approved for PPP Loan of amount $166,710, the current approved amount is $166,710. The loan was approved on 05/27/2020 by The Valley National Bank reported 7 jobs and $166,710 was used to fund payroll.

Fc electric inc is Existing or more than 2 years old

FC ELECTRIC INC

Date Approved

05/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FC ELECTRIC INC

Borrower Address

81 Winding Way

Borrower City

Woodcliff Lake

Borrower State

NJ

Borrower Zip

07677

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166710.00

Current Approval Amount

166710.00

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

Woodcliff Lake

Project County Name

BERGEN

Project State

NJ

Project Zip

07677-7200

CD

NJ-05

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166710.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

167798.25

Forgiveness Date

01/20/2021

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