Date Approved
04/28/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
VEC ELECTRONICS CORP
Borrower Address
71 Grand Ave Suite 101
Borrower City
PALISADES PARK
Borrower State
NJ
Borrower Zip
07650
Loan Status Date
09/28/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
104900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
432941
Servicing Lender Name
ConnectOne Bank
Servicing Lender Address
301 Sylvan Ave
Servicing Lender City
ENGLEWOOD CLIFFS
Servicing Lender State
Servicing Lender Zip
07632-2539
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BERGEN
Project State
Project Zip
07650-0001
CD
NJ-05
Jobs Reported
10
NAICS Code
423690
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
106275.36
Forgiveness Date
08/27/2021