Date Approved
03/02/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
GAFFNEY-KROESE ELECTRICAL SUPPLY CORP.
Borrower Address
21 Worlds Fair Dr
Borrower City
Somerset
Borrower State
NJ
Borrower Zip
08873-1344
Loan Status Date
05/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2000000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
49274
Servicing Lender Name
Citibank, N.A.
Servicing Lender Address
5800 S. Corporate Place
Servicing Lender City
Sioux Falls
Servicing Lender State
SD
Servicing Lender Zip
57108
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SOMERSET
Project State
Project Zip
CD
NJ-12
Jobs Reported
143
NAICS Code
423610
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1999996.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
2022611.11
Forgiveness Date
04/22/2022