PPP Loan information for The electric design co. inc

$95,023

The electric design co. inc was initially approved for PPP Loan of amount $95,023, the current approved amount is $95,023. The loan was approved on 04/13/2020 by The Loan Source Incorporated reported 8 jobs and $95,023 was used to fund payroll.

The electric design co. inc is Existing or more than 2 years old

PPP Loan Search / NJ / WASHINGTON / The electric design co. inc

THE ELECTRIC DESIGN CO. INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE ELECTRIC DESIGN CO. INC

Borrower Address

4 Foundry Lane

Borrower City

WASHINGTON

Borrower State

NJ

Borrower Zip

07882-4158

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95023.40

Current Approval Amount

95023.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

WARREN

Project State

NJ

Project Zip

07882-4158

CD

NJ-07

Jobs Reported

8

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95023.40

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96081.56

Forgiveness Date

06/02/2021

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