PPP Loan information for Banc3, inc.

$1,040,338

Banc3, inc. was initially approved for PPP Loan of amount $1,040,338, the current approved amount is $1,040,338. The loan was approved on 04/10/2020 by The Provident Bank reported 43 jobs and $1,040,338 was used to fund payroll.

Banc3, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / PRINCETON / Banc3, inc.

BANC3, INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BANC3, INC.

Borrower Address

300 ALEXANDER PARK SUITE 110

Borrower City

PRINCETON

Borrower State

NJ

Borrower Zip

08540-6308

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1040337.50

Current Approval Amount

1040337.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

MERCER

Project State

NJ

Project Zip

08540-6308

CD

NJ-12

Jobs Reported

43

NAICS Code

541715

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1040337.50

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1051795.46

Forgiveness Date

05/21/2021

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