PPP Loan information for Loftus electric inc.

$92,469

Loftus electric inc. was initially approved for PPP Loan of amount $92,469, the current approved amount is $92,469. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 7 jobs and $92,469 was used to fund payroll.

Loftus electric inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Stanhope / Loftus electric inc.

LOFTUS ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LOFTUS ELECTRIC INC.

Borrower Address

106 Route 183

Borrower City

Stanhope

Borrower State

NJ

Borrower Zip

07874

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92469.00

Current Approval Amount

92469.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stanhope

Project County Name

SUSSEX

Project State

NJ

Project Zip

07874

CD

NJ-05

Jobs Reported

7

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

92466.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93079.55

Forgiveness Date

09/22/2021

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