Gaffney-Kroese Electrical Supply Corp.

$2,000,000 PPP Loan in Somerset, New Jersey

Loan Details

Loan Number
5843828502
Date Approved
Mar 2, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,022,611
Forgiveness Date
Apr 22, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gaffney-Kroese Electrical Supply Corp.
Address
21 Worlds Fair Dr
ZIP Code
08873-1344
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
143
Estimated Revenue
$43.8M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Citibank, N.a.
Originating Lender
Citibank, N.a.

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