PPP Loan information for Longo electrical-mechanical inc

$1,174,082

Longo electrical-mechanical inc was initially approved for PPP Loan of amount $1,174,082, the current approved amount is $1,174,082. The loan was approved on 04/24/2021 by The Valley National Bank reported 75 jobs and $1,174,082 was used to fund payroll.

Longo electrical-mechanical inc is Existing or more than 2 years old

PPP Loan Search / NJ / Wharton / Longo electrical-mechanical inc

LONGO ELECTRICAL-MECHANICAL INC

Date Approved

04/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LONGO ELECTRICAL-MECHANICAL INC

Borrower Address

1 Harry Shupe Blvd

Borrower City

Wharton

Borrower State

NJ

Borrower Zip

07885-1646

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1174082.00

Current Approval Amount

1174082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wharton

Project County Name

MORRIS

Project State

NJ

Project Zip

07885-1646

CD

NJ-07

Jobs Reported

75

NAICS Code

811211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1174077.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1179397.98

Forgiveness Date

10/08/2021

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