PPP Loan information for Vespa electrical co inc

$307,450

Vespa electrical co inc was initially approved for PPP Loan of amount $307,450, the current approved amount is $307,450. The loan was approved on 03/04/2021 by The PNC Bank, National Association reported 15 jobs and $307,450 was used to fund payroll.

Vespa electrical co inc is Existing or more than 2 years old

PPP Loan Search / NJ / EAST HANOVER / Vespa electrical co inc

VESPA ELECTRICAL CO INC

Date Approved

03/04/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VESPA ELECTRICAL CO INC

Borrower Address

13 GREAT MEADOW LN 13 GREAT MEADOW LN

Borrower City

EAST HANOVER

Borrower State

NJ

Borrower Zip

07936

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

307450.00

Current Approval Amount

307450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST HANOVER

Project County Name

MORRIS

Project State

NJ

Project Zip

07936

CD

NJ-11

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307450.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309952.30

Forgiveness Date

12/27/2021

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