PPP Loan information for Verona electric inc

$47,440

Verona electric inc was initially approved for PPP Loan of amount $47,440, the current approved amount is $47,440. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $47,440 was used to fund payroll.

Verona electric inc is Existing or more than 2 years old

VERONA ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VERONA ELECTRIC INC

Borrower Address

267 RIDGE RD

Borrower City

LYNDHURST

Borrower State

NJ

Borrower Zip

07071

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47440.00

Current Approval Amount

47440.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNDHURST

Project County Name

BERGEN

Project State

NJ

Project Zip

07071-0001

CD

NJ-09

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47440.00

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

Subchapter S 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

48239.39

Forgiveness Date

01/11/2022

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