PPP Loan information for Power solutions electrical contractors inc

$72,388

Power solutions electrical contractors inc was initially approved for PPP Loan of amount $72,388, the current approved amount is $72,388. The loan was approved on 03/12/2021 by The Unity Bank reported 6 jobs and $72,388 was used to fund payroll.

Power solutions electrical contractors inc is Existing or more than 2 years old

POWER SOLUTIONS ELECTRICAL CONTRACTORS INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

POWER SOLUTIONS ELECTRICAL CONTRACTORS INC

Borrower Address

444 Lincoln Blvd

Borrower City

Middlesex

Borrower State

NJ

Borrower Zip

08846-2439

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72387.50

Current Approval Amount

72387.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Middlesex

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08846-2439

CD

NJ-12

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72381.50

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72789.65

Forgiveness Date

10/26/2021

;