Hertz Electric LLC

$307,884 PPP Loan in Elmwood Park, New Jersey

Loan Details

Loan Number
9559827300
Date Approved
May 2, 2020
Loan Status
Paid in Full
Initial Approval
$307,884
Current Approval
$307,884
Forgiveness Amount
$311,765
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hertz Electric LLC
Address
118 Philip Ave
ZIP Code
07407
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$246,306
Rent
$33,216
Utilities
$4,682
Health Care
$18,680
Debt Interest
$5,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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