Klas Electrical Contractors

$109,692 PPP Loan in Summit, New Jersey

Loan Details

Loan Number
5148397702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$109,692
Current Approval
$109,692
Forgiveness Amount
$110,843
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Klas Electrical Contractors
Address
40 Glendale Rd
City
Summit
ZIP Code
07901-3715
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
New Business or 2 years or less
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$109,692

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

Other PPP Loans in Summit, NJ

BusinessApproved
Simplicity Financial Marketing Holdings Inc.$5,062,705NewBizBotAI Deep Dive
Oak Knoll School of the Holy Child, Inc.$2,333,000NewBizBotAI Deep Dive
Kent Place School, Inc.$1,937,000NewBizBotAI Deep Dive
Summit Area Ymca$1,765,100NewBizBotAI Deep Dive
Douglas Motors Corp.$1,721,320NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free