PPP Loan information for Paterson electronic inc

$48,825

Paterson electronic inc was initially approved for PPP Loan of amount $48,825, the current approved amount is $48,825. The loan was approved on 02/04/2021 by The PNC Bank, National Association reported 14 jobs and $48,825 was used to fund payroll.

Paterson electronic inc is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Paterson electronic inc

PATERSON ELECTRONIC INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PATERSON ELECTRONIC INC

Borrower Address

226 Main St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07505-1204

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48825.00

Current Approval Amount

48825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07505-1204

CD

NJ-09

Jobs Reported

14

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48823.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49142.36

Forgiveness Date

09/28/2021

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