PPP Loan information for Banks resources

$103,125

Banks resources was initially approved for PPP Loan of amount $103,125, the current approved amount is $103,125. The loan was approved on 02/17/2021 by The Cross River Bank reported 6 jobs and $103,125 was used to fund payroll.

Banks resources is Existing or more than 2 years old

BANKS RESOURCES

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BANKS RESOURCES

Borrower Address

38099 Schoolcraft Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1029

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103125.00

Current Approval Amount

103125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1029

CD

MI-12

Jobs Reported

6

NAICS Code

551112

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

103122.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;