Douglas Electrical Components INC

$999,930 PPP Loan in Randolph, New Jersey

Loan Details

Loan Number
2021377107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$999,930
Current Approval
$999,930
Forgiveness Amount
$1,006,558
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Douglas Electrical Components INC
Address
5 Middlebury Blvd
ZIP Code
07869-1112
Business Type
Corporation
Industry (NAICS)
Manufacturing (334417)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$17.0M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$999,930

Lender Information

Servicing Lender
Td Bank, National Association
Originating Lender
Td Bank, National Association

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