PPP Loan information for Model electronics, inc

$1,164,445

Model electronics, inc was initially approved for PPP Loan of amount $1,164,445, the current approved amount is $1,164,445. The loan was approved on 04/12/2020 by The TD Bank, National Association reported 64 jobs and $1,164,445 was used to fund payroll.

Model electronics, inc is Existing or more than 2 years old

PPP Loan Search / NJ / RAMSEY / Model electronics, inc

MODEL ELECTRONICS, INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MODEL ELECTRONICS, INC

Borrower Address

615 E CRESCENT AVE

Borrower City

RAMSEY

Borrower State

NJ

Borrower Zip

07446-1220

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1164445.00

Current Approval Amount

1164445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAMSEY

Project County Name

BERGEN

Project State

NJ

Project Zip

07446-1220

CD

NJ-05

Jobs Reported

64

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1164445.00

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

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1172628.46

Forgiveness Date

12/31/2020

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