PPP Loan information for Orbit electrical service corp

$67,422

Orbit electrical service corp was initially approved for PPP Loan of amount $67,422, the current approved amount is $67,422. The loan was approved on 05/18/2020 by The Valley National Bank reported 5 jobs and $67,422 was used to fund payroll.

Orbit electrical service corp is Existing or more than 2 years old

PPP Loan Search / NJ / Moonachie / Orbit electrical service corp

ORBIT ELECTRICAL SERVICE CORP

Date Approved

05/18/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ORBIT ELECTRICAL SERVICE CORP

Borrower Address

250 Union Ave

Borrower City

Moonachie

Borrower State

NJ

Borrower Zip

07074

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67422.00

Current Approval Amount

67422.00

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

Moonachie

Project County Name

BERGEN

Project State

NJ

Project Zip

07074-1000

CD

NJ-09

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67422.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67839.64

Forgiveness Date

12/30/2020

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