PPP Loan information for Option 1 electric llc

$56,460

Option 1 electric llc was initially approved for PPP Loan of amount $56,460, the current approved amount is $56,460. The loan was approved on 02/17/2021 by The Wells Fargo Bank, National Association reported 6 jobs and $56,460 was used to fund payroll.

Option 1 electric llc is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Option 1 electric llc

OPTION 1 ELECTRIC LLC

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OPTION 1 ELECTRIC LLC

Borrower Address

730 Canton St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07202-1605

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56460.00

Current Approval Amount

56460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07202-1605

CD

NJ-08

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56459.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56880.74

Forgiveness Date

11/18/2021

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