PPP Loan information for Skf electrical corp

$757,200

Skf electrical corp was initially approved for PPP Loan of amount $757,200, the current approved amount is $757,200. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 60 jobs and $757,200 was used to fund payroll.

Skf electrical corp is Existing or more than 2 years old

SKF ELECTRICAL CORP

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SKF ELECTRICAL CORP

Borrower Address

3608 9TH ST

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11106

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

757200.00

Current Approval Amount

757200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11106-0001

CD

NY-14

Jobs Reported

60

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6843.00

Payroll Proceed

711672.00

Mortgage Interest Proceed

0.00

Rent Proceed

20085.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7800.00

Debt Interest Proceed

10800

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

762682.97

Forgiveness Date

01/25/2021

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