Current business record

ELECTRONIC DRIVES AND CONTROLS INC

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
ELECTRONIC DRIVES AND CONTROLS INC
Approval date
Jan 27, 2021
Initial approval amount
$720,737.00
Current approval amount
$720,737.00
Loan status
Paid in Full (Jan 20, 2022)
Forgiveness amount
$726,818.84
Jobs reported
39
Address
17 Eastmans Rd
Parsippany, NJ 07054-3702
Lender
Bank of America, National Association
NAICS code
335314
Business type
Corporation
Congressional district
NJ-11

Loan 2

$350,000–1 million
Filed business name
ELECTRONIC DRIVES AND CONTROLS INC
Approval date
Apr 30, 2020
Initial approval amount
$631,710.00
Current approval amount
$720,737.00
Loan status
Paid in Full (Jan 21, 2021)
Forgiveness amount
$725,318.12
Jobs reported
38
Address
17 EASTMANS RD
PARSIPPANY, NJ 07054-3702
Lender
Bank of America, National Association
NAICS code
811219
Business type
Corporation
Congressional district
NJ-11