PPP Loan information for Power solutions electrical inc.

$85,000

Power solutions electrical inc. was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/15/2020 by The Unity Bank reported 6 jobs and $85,000 was used to fund payroll.

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

PPP Loan Search / NJ / MIDDLESEX / Power solutions electrical inc.

POWER SOLUTIONS ELECTRICAL INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWER SOLUTIONS ELECTRICAL INC.

Borrower Address

444 Lincoln Blvd

Borrower City

MIDDLESEX

Borrower State

NJ

Borrower Zip

08846

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

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

08846-0001

CD

NJ-12

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7083.00

Payroll Proceed

63750.00

Mortgage Interest Proceed

7084.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7083.00

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

85972.78

Forgiveness Date

06/17/2021

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