PPP Loan information for Net power electric corp.

$1,084,455

Net power electric corp. was initially approved for PPP Loan of amount $1,084,455, the current approved amount is $1,084,455. The loan was approved on 01/23/2021 by The Valley National Bank reported 97 jobs and $1,084,455 was used to fund payroll.

Net power electric corp. is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Net power electric corp.

NET POWER ELECTRIC CORP.

Date Approved

01/23/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

NET POWER ELECTRIC CORP.

Borrower Address

2361 Nostrand Ave Ste 301

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11210-3952

Loan Status Date

09/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1084455.00

Current Approval Amount

1084455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11210-3952

CD

NY-09

Jobs Reported

97

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1084451.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1101746.03

Forgiveness Date

08/25/2022

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