ALL-PURPOSE ELECTRIC CO INC (NJ) - 2020 PPP Loan Borrower Profile (# 8494737203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALL-PURPOSE ELECTRIC CO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Jersey.

Loan Detail

Loan Number
8494737203
SBA Office Code
0299
Processing Method
PPP
Curent Loan Amount
$31,058
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$31,334.07
Date Loan was Forgiven
Mar 23, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
31,058
Lender
Valley National Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
238210
Borrower Location
North Haledon, NJ
Project Location
North Haledon, NJ
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.