PPP Loan information for I & f electric co inc

$36,825

I & f electric co inc was initially approved for PPP Loan of amount $36,825, the current approved amount is $36,825. The loan was approved on 03/20/2021 by The Cross River Bank reported 3 jobs and $36,825 was used to fund payroll.

I & f electric co inc is Existing or more than 2 years old

I & F ELECTRIC CO INC

Date Approved

03/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

I & F ELECTRIC CO INC

Borrower Address

56 Sunset Rd

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-3829

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36825.00

Current Approval Amount

36825.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-3829

CD

NJ-11

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

36824.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36951.11

Forgiveness Date

07/30/2021

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