PPP Loan information for Hi-tek electrical systems inc.

$88,624

Hi-tek electrical systems inc. was initially approved for PPP Loan of amount $88,624, the current approved amount is $88,624. The loan was approved on 03/20/2021 by The Cross River Bank reported 6 jobs and $88,624 was used to fund payroll.

Hi-tek electrical systems inc. is Existing or more than 2 years old

HI-TEK ELECTRICAL SYSTEMS INC.

Date Approved

03/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

HI-TEK ELECTRICAL SYSTEMS INC.

Borrower Address

10 Dahnert Park Ln

Borrower City

Garfield

Borrower State

NJ

Borrower Zip

07026-1885

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88624.00

Current Approval Amount

88624.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garfield

Project County Name

BERGEN

Project State

NJ

Project Zip

07026-1885

CD

NJ-09

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88620.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89255.29

Forgiveness Date

12/09/2021

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