Option 1 Electric LLC

$56,460 PPP Loan in Elizabeth, New Jersey

Loan Details

Loan Number
9501598405
Date Approved
Feb 17, 2021
Loan Status
Paid in Full
Initial Approval
$56,460
Current Approval
$56,460
Forgiveness Amount
$56,881
Forgiveness Date
Nov 18, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Option 1 Electric LLC
Address
730 Canton St
ZIP Code
07202-1605
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$56,459
Utilities
$1

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

Other PPP Loans in Elizabeth, NJ

BusinessApproved
East Coast Warehouse and Distribution Corp.$4,550,343NewBizBotAI Deep Dive
The Mweissgroup LLC$4,406,000NewBizBotAI Deep Dive
Waste Services Industries, LLC$3,439,500NewBizBotAI Deep Dive
Lionetti Associates, LLC$2,757,530NewBizBotAI Deep Dive
Jacobson & Company Inc.$1,995,000NewBizBotAI Deep Dive

Want to research this company further?