PPP Loan information for Power electrical contracting llc

$37,613

Power electrical contracting llc was initially approved for PPP Loan of amount $37,613, the current approved amount is $37,613. The loan was approved on 05/24/2020 by The Bank of America, National Association reported 5 jobs and $37,613 was used to fund payroll.

Power electrical contracting llc is Existing or more than 2 years old

POWER ELECTRICAL CONTRACTING LLC

Date Approved

05/24/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWER ELECTRICAL CONTRACTING LLC

Borrower Address

11 MOUNT AIRY RD

Borrower City

BASKING RIDGE

Borrower State

NJ

Borrower Zip

07920-2012

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37613.00

Current Approval Amount

37613.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BASKING RIDGE

Project County Name

SOMERSET

Project State

NJ

Project Zip

07920-2012

CD

NJ-07

Jobs Reported

5

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37613.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37909.78

Forgiveness Date

03/10/2021

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