Hyland Electric INC

$195,000 PPP Loan in Morris Plains, New Jersey

Loan Details

Loan Number
6263087104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$195,000
Current Approval
$195,000
Forgiveness Amount
$197,188
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hyland Electric INC
Address
319 Mountain Way
ZIP Code
07950
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$146,250
Utilities
$48,750

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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