PPP Loan information for Municipal electric group llc-sba small 7a term

$107,185

Municipal electric group llc-sba small 7a term was initially approved for PPP Loan of amount $107,185, the current approved amount is $107,185. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 4 jobs and $107,185 was used to fund payroll.

Municipal electric group llc-sba small 7a term is New Business or 2 years or less

MUNICIPAL ELECTRIC GROUP LLC-SBA SMALL 7A TERM

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MUNICIPAL ELECTRIC GROUP LLC-SBA SMALL 7A TERM

Borrower Address

1600 Lamberton Road

Borrower City

Trenton

Borrower State

NJ

Borrower Zip

08611

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107185.00

Current Approval Amount

107185.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Trenton

Project County Name

MERCER

Project State

NJ

Project Zip

08611-0501

CD

NJ-12

Jobs Reported

4

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107185.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1047.14

Forgiveness Date

03/18/2021

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