PPP Loan information for Vec electronics corp

$104,900

Vec electronics corp was initially approved for PPP Loan of amount $104,900, the current approved amount is $104,900. The loan was approved on 04/28/2020 by The ConnectOne Bank reported 10 jobs and $104,900 was used to fund payroll.

Vec electronics corp is Existing or more than 2 years old

VEC ELECTRONICS CORP

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

104900.00

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

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALISADES PARK

Project County Name

BERGEN

Project State

NJ

Project Zip

07650-0001

CD

NJ-05

Jobs Reported

10

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104900.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106275.36

Forgiveness Date

08/27/2021

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