Ja Lee Electric Services LLC

$1,125,170 PPP Loan in Clifton, New Jersey

Loan Details

Loan Number
7952907101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,125,170
Current Approval
$1,125,170
Forgiveness Amount
$1,135,374
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ja Lee Electric Services LLC
Address
31 Styertowne Rd. Unit D
ZIP Code
07012
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$15.8M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$1,050,000
Rent
$27,000
Utilities
$5,000
Debt Interest
$43,170

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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