PPP Loan information for Valley electric inc

$12,845

Valley electric inc was initially approved for PPP Loan of amount $12,845, the current approved amount is $12,845. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $12,845 was used to fund payroll.

Valley electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / GARFIELD / Valley electric inc

VALLEY ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VALLEY ELECTRIC INC

Borrower Address

25 MARKET ST

Borrower City

GARFIELD

Borrower State

NJ

Borrower Zip

07026

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12845.00

Current Approval Amount

12845.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARFIELD

Project County Name

BERGEN

Project State

NJ

Project Zip

07026-0001

CD

NJ-09

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

7345.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12929.62

Forgiveness Date

12/30/2020

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