PPP Loan information for Federal electric, l.l.c.

$19,654

Federal electric, l.l.c. was initially approved for PPP Loan of amount $19,654, the current approved amount is $19,654. The loan was approved on 05/19/2020 by The Unity Bank reported 3 jobs and $19,654 was used to fund payroll.

Federal electric, l.l.c. is Existing or more than 2 years old

PPP Loan Search / NJ / Scotch Plains / Federal electric, l.l.c.

FEDERAL ELECTRIC, L.L.C.

Date Approved

05/19/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FEDERAL ELECTRIC, L.L.C.

Borrower Address

1791 E 2nd Sreet

Borrower City

Scotch Plains

Borrower State

NJ

Borrower Zip

07076

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19654.00

Current Approval Amount

19654.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scotch Plains

Project County Name

UNION

Project State

NJ

Project Zip

07076-0001

CD

NJ-07

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19654.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19864.73

Forgiveness Date

06/24/2021

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