PPP Loan information for American federal mortgage corporation

$582,625

American federal mortgage corporation was initially approved for PPP Loan of amount $582,625, the current approved amount is $582,625. The loan was approved on 04/28/2020 by The Lakeland Bank reported 44 jobs and $582,625 was used to fund payroll.

American federal mortgage corporation is Existing or more than 2 years old

PPP Loan Search / NJ / CHESTER / American federal mortgage corporation

AMERICAN FEDERAL MORTGAGE CORPORATION

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN FEDERAL MORTGAGE CORPORATION

Borrower Address

360 Route 24

Borrower City

CHESTER

Borrower State

NJ

Borrower Zip

07930

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582625.00

Current Approval Amount

582625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTER

Project County Name

MORRIS

Project State

NJ

Project Zip

07930-0001

CD

NJ-07

Jobs Reported

44

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582625.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592675.28

Forgiveness Date

01/26/2022

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