Daidone Electric, Inc.

$1,600,000 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
8061297109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,600,000
Current Approval
$1,600,000
Forgiveness Amount
$1,616,000
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Daidone Electric, Inc.
Address
200 Raymond Blvd
City
Newark
ZIP Code
07105
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$27.6M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$1,600,000

Lender Information

Servicing Lender
Santander Bank, National Association
Originating Lender
Santander Bank, National Association

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