PPP Loan information for Interstate electronics inc

$201,662

Interstate electronics inc was initially approved for PPP Loan of amount $201,662, the current approved amount is $201,662. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 14 jobs and $201,662 was used to fund payroll.

Interstate electronics inc is New Business or 2 years or less

INTERSTATE ELECTRONICS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INTERSTATE ELECTRONICS INC

Borrower Address

1394 HWY 36 AIRPORT PLZ

Borrower City

HAZLET

Borrower State

NJ

Borrower Zip

07730-1798

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201662.00

Current Approval Amount

201662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HAZLET

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07730-1798

CD

NJ-06

Jobs Reported

14

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201662.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203098.50

Forgiveness Date

01/20/2021

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