Multi-Phase Electrical Services, Inc.

$2,840,347 PPP Loan in Closter, New Jersey

Loan Details

Loan Number
2751897700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$2,840,347
Current Approval
$2,840,347
Forgiveness Amount
$2,871,739
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Multi-Phase Electrical Services, Inc.
Address
15 Williams St
ZIP Code
07624
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$27.0M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$1,539,390
Rent
$30,000
Utilities
$5,000
Health Care
$1,265,957

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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