PPP Loan information for Nead electric, inc.

$7,897,262

Nead electric, inc. was initially approved for PPP Loan of amount $7,897,262, the current approved amount is $7,897,262. The loan was approved on 04/12/2020 by The TD Bank, National Association reported 380 jobs and $7,897,262 was used to fund payroll.

Nead electric, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / EAST RUTHERFORD / Nead electric, inc.

NEAD ELECTRIC, INC.

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEAD ELECTRIC, INC.

Borrower Address

18 East UNION AVE

Borrower City

EAST RUTHERFORD

Borrower State

NJ

Borrower Zip

07073-2126

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7897262.00

Current Approval Amount

7897262.00

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

EAST RUTHERFORD

Project County Name

BERGEN

Project State

NJ

Project Zip

07073-2126

CD

NJ-09

Jobs Reported

380

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7897262.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7997293.99

Forgiveness Date

07/21/2021

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