PPP Loan information for Beacut abrasives corp of nj

$90,000

Beacut abrasives corp of nj was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 02/17/2021 by The Spencer Savings Bank, SLA reported 10 jobs and $90,000 was used to fund payroll.

Beacut abrasives corp of nj is Existing or more than 2 years old

PPP Loan Search / NJ / East Rutherford / Beacut abrasives corp of nj

BEACUT ABRASIVES CORP OF NJ

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BEACUT ABRASIVES CORP OF NJ

Borrower Address

788 Paterson Ave

Borrower City

East Rutherford

Borrower State

NJ

Borrower Zip

07073-1030

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Rutherford

Project County Name

BERGEN

Project State

NJ

Project Zip

07073-1030

CD

NJ-09

Jobs Reported

10

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89998.00

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

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90431.51

Forgiveness Date

08/19/2021

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