PPP Loan information for Wire's electrical shop

$186,000

Wire's electrical shop was initially approved for PPP Loan of amount $186,000, the current approved amount is $186,000. The loan was approved on 04/14/2020 by The First Hope Bank, A National Banking Association reported 13 jobs and $186,000 was used to fund payroll.

Wire's electrical shop is Existing or more than 2 years old

WIRE'S ELECTRICAL SHOP

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WIRE'S ELECTRICAL SHOP

Borrower Address

107 West Valley View Avenue

Borrower City

Hackettstown

Borrower State

NJ

Borrower Zip

07840-1225

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186000.00

Current Approval Amount

186000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43706

Servicing Lender Name

First Hope Bank, A National Banking Association

Servicing Lender Address

1301 Hope Bridgeville Rd

Servicing Lender City

HOPE

Servicing Lender State

NJ

Servicing Lender Zip

07844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hackettstown

Project County Name

WARREN

Project State

NJ

Project Zip

07840-1225

CD

NJ-07

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18594.00

Payroll Proceed

148812.00

Mortgage Interest Proceed

18594.00

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

43706

Originating Lender

First Hope Bank, A National Banking Association

Originating Lender City

HOPE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187643.00

Forgiveness Date

03/10/2021

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