PPP Loan information for Saunders electric inc

$22,762

Saunders electric inc was initially approved for PPP Loan of amount $22,762, the current approved amount is $22,762. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $22,762 was used to fund payroll.

Saunders electric inc is Existing or more than 2 years old

SAUNDERS ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SAUNDERS ELECTRIC INC

Borrower Address

44 CUTLER PL

Borrower City

CLARK

Borrower State

NJ

Borrower Zip

07066-1713

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22762.00

Current Approval Amount

22762.00

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

CLARK

Project County Name

UNION

Project State

NJ

Project Zip

07066-1713

CD

NJ-07

Jobs Reported

1

NAICS Code

561439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22762.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23030.16

Forgiveness Date

07/09/2021

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