PPP Loan information for Multi-phase electrical services, inc.

$2,840,347

Multi-phase electrical services, inc. was initially approved for PPP Loan of amount $2,840,347, the current approved amount is $2,840,347. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 82 jobs and $2,840,347 was used to fund payroll.

Multi-phase electrical services, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / CLOSTER / Multi-phase electrical services, inc.

MULTI-PHASE ELECTRICAL SERVICES, INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MULTI-PHASE ELECTRICAL SERVICES, INC.

Borrower Address

15 Williams St

Borrower City

CLOSTER

Borrower State

NJ

Borrower Zip

07624

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2840347.00

Current Approval Amount

2840347.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLOSTER

Project County Name

BERGEN

Project State

NJ

Project Zip

07624-0001

CD

NJ-05

Jobs Reported

82

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

1539390.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1265957.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2871739.15

Forgiveness Date

06/14/2021

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