PPP Loan information for Samson electrical supply co, inc

$800,161

Samson electrical supply co, inc was initially approved for PPP Loan of amount $800,161, the current approved amount is $800,161. The loan was approved on 04/13/2020 by The Santander Bank, National Association reported 50 jobs and $800,161 was used to fund payroll.

Samson electrical supply co, inc is Existing or more than 2 years old

PPP Loan Search / NJ / SOUTH PLAINFIELD / Samson electrical supply co, inc

SAMSON ELECTRICAL SUPPLY CO, INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SAMSON ELECTRICAL SUPPLY CO, INC

Borrower Address

1764 NEW DURHAM RD

Borrower City

SOUTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07080-2328

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

800161.00

Current Approval Amount

800161.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PLAINFIELD

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-2328

CD

NJ-06

Jobs Reported

50

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

800161.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

809499.87

Forgiveness Date

06/22/2021

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