Altec Electrical Corporation

$823,327 PPP Loan in Point Pleasant Boro, New Jersey

Loan Details

Loan Number
8820167303
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$823,327
Current Approval
$823,327
Forgiveness Amount
$829,553
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Altec Electrical Corporation
Address
904 Atlantic Ave
ZIP Code
08742-2917
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$823,327

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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