PPP Loan information for Satec electrical group llc

$156,382

Satec electrical group llc was initially approved for PPP Loan of amount $156,382, the current approved amount is $156,382. The loan was approved on 02/20/2021 by The Valley National Bank reported 12 jobs and $156,382 was used to fund payroll.

Satec electrical group llc is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Satec electrical group llc

SATEC ELECTRICAL GROUP LLC

Date Approved

02/20/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SATEC ELECTRICAL GROUP LLC

Borrower Address

134 Division St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-2869

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156382.00

Current Approval Amount

156382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-2869

CD

NJ-08

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

156376.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

157359.39

Forgiveness Date

10/06/2021

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