PPP Loan information for Paxos eletric company, llc

$137,500

Paxos eletric company, llc was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 10 jobs and $137,500 was used to fund payroll.

Paxos eletric company, llc is Existing or more than 2 years old

PAXOS ELETRIC COMPANY, LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PAXOS ELETRIC COMPANY, LLC

Borrower Address

15 Eldorado Dr

Borrower City

Succasunna

Borrower State

NJ

Borrower Zip

07876

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Succasunna

Project County Name

MORRIS

Project State

NJ

Project Zip

07876-0001

CD

NJ-07

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11458.33

Payroll Proceed

103125.00

Mortgage Interest Proceed

11458.33

Rent Proceed

11458.34

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128254.37

Forgiveness Date

11/25/2020

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