Model Electronics, INC

$1,164,445 PPP Loan in Ramsey, New Jersey

Loan Details

Loan Number
3915737101
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,164,445
Current Approval
$1,164,445
Forgiveness Amount
$1,172,628
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Model Electronics, INC
Address
615 E Crescent Ave
City
Ramsey
ZIP Code
07446-1220
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$19.6M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$1,164,445

Lender Information

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

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