PPP Loan information for Hyland electric inc

$195,000

Hyland electric inc was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 13 jobs and $195,000 was used to fund payroll.

Hyland electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / Morris Plains / Hyland electric inc

HYLAND ELECTRIC INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HYLAND ELECTRIC INC

Borrower Address

319 Mountain Way

Borrower City

Morris Plains

Borrower State

NJ

Borrower Zip

07950

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

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

Morris Plains

Project County Name

MORRIS

Project State

NJ

Project Zip

07950-0001

CD

NJ-11

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

48750.00

Payroll Proceed

146250.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197188.33

Forgiveness Date

06/02/2021

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