National Electronic Transit

$462,107 PPP Loan in Lyndhurst, New Jersey

Loan Details

Loan Number
6522508308
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$462,107
Current Approval
$462,107
Forgiveness Amount
$465,335
Forgiveness Date
Oct 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
National Electronic Transit
Address
230 Clay Ave
ZIP Code
07071-3507
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$462,104
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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