PPP Loan information for Hope electrical products co

$31,270

Hope electrical products co was initially approved for PPP Loan of amount $31,270, the current approved amount is $31,270. The loan was approved on 04/28/2020 by The Fulton Bank, National Association reported 3 jobs and $31,270 was used to fund payroll.

Hope electrical products co is Existing or more than 2 years old

HOPE ELECTRICAL PRODUCTS CO

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HOPE ELECTRICAL PRODUCTS CO

Borrower Address

7 Fairfield Crescent

Borrower City

West Caldwell

Borrower State

NJ

Borrower Zip

07006

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31270.00

Current Approval Amount

31270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Caldwell

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-0001

CD

NJ-11

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23452.00

Mortgage Interest Proceed

0.00

Rent Proceed

7818.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31596.60

Forgiveness Date

05/11/2021

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