Compact Power INC

$42,500 PPP Loan in Summit, New Jersey

Loan Details

Loan Number
9340357100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$42,500
Current Approval
$42,500
Forgiveness Amount
$42,935
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Compact Power INC
Address
490 Morris Avenue
City
Summit
ZIP Code
07901-7500
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541715)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$42,500

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Peapack-Gladstone Bank

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