PPP Loan information for Master electric

$7,392

Master electric was initially approved for PPP Loan of amount $7,392, the current approved amount is $7,392. The loan was approved on 04/13/2020 by The Valley National Bank reported 2 jobs and $7,392 was used to fund payroll.

Master electric is Existing or more than 2 years old

MASTER ELECTRIC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MASTER ELECTRIC

Borrower Address

25 Mareu Drive

Borrower City

WATCHUNG

Borrower State

NJ

Borrower Zip

07069-5026

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7392.00

Current Approval Amount

7392.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATCHUNG

Project County Name

SOMERSET

Project State

NJ

Project Zip

07069-5026

CD

NJ-07

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7392.00

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

Limited Liability Company(LLC)

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

7472.70

Forgiveness Date

05/20/2021

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