PPP Loan information for National electronic transit

$462,107

National electronic transit was initially approved for PPP Loan of amount $462,107, the current approved amount is $462,107. The loan was approved on 01/27/2021 by The Loan Source Incorporated reported 33 jobs and $462,107 was used to fund payroll.

National electronic transit is Existing or more than 2 years old

PPP Loan Search / NJ / Lyndhurst / National electronic transit

NATIONAL ELECTRONIC TRANSIT

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NATIONAL ELECTRONIC TRANSIT

Borrower Address

230 Clay Ave

Borrower City

Lyndhurst

Borrower State

NJ

Borrower Zip

07071-3507

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

462107.00

Current Approval Amount

462107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lyndhurst

Project County Name

BERGEN

Project State

NJ

Project Zip

07071-3507

CD

NJ-09

Jobs Reported

33

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

462104.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465335.42

Forgiveness Date

10/19/2021

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