PPP Loan information for First choice electric inc

$154,685

First choice electric inc was initially approved for PPP Loan of amount $154,685, the current approved amount is $154,685. The loan was approved on 02/04/2021 by The Bank of America, National Association reported 10 jobs and $154,685 was used to fund payroll.

First choice electric inc is Existing or more than 2 years old

FIRST CHOICE ELECTRIC INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FIRST CHOICE ELECTRIC INC

Borrower Address

34 Overlook Dr

Borrower City

Jackson

Borrower State

NJ

Borrower Zip

08527-4849

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154685.00

Current Approval Amount

154685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

OCEAN

Project State

NJ

Project Zip

08527-4849

CD

NJ-04

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

154683.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156757.36

Forgiveness Date

06/09/2022

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