PPP Loan information for Turnpike electric inc

$1,183,530

Turnpike electric inc was initially approved for PPP Loan of amount $1,183,530, the current approved amount is $1,183,530. The loan was approved on 02/09/2021 by The Lakeland Bank reported 38 jobs and $1,183,530 was used to fund payroll.

Turnpike electric inc is Existing or more than 2 years old

TURNPIKE ELECTRIC INC

Date Approved

02/09/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TURNPIKE ELECTRIC INC

Borrower Address

43 Stiles Ln Ste 2

Borrower City

Pine Brook

Borrower State

NJ

Borrower Zip

07058-9579

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1183530.00

Current Approval Amount

1183530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pine Brook

Project County Name

MORRIS

Project State

NJ

Project Zip

07058-9579

CD

NJ-11

Jobs Reported

38

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1183526.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1193754.38

Forgiveness Date

12/23/2021

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