PPP Loan information for Bokara rug co inc

$269,362

Bokara rug co inc was initially approved for PPP Loan of amount $269,362, the current approved amount is $269,362. The loan was approved on 02/04/2021 by The Valley National Bank reported 24 jobs and $269,362 was used to fund payroll.

Bokara rug co inc is Existing or more than 2 years old

BOKARA RUG CO INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BOKARA RUG CO INC

Borrower Address

50 Enterprise Ave N

Borrower City

Secaucus

Borrower State

NJ

Borrower Zip

07094-2525

Loan Status Date

02/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269362.00

Current Approval Amount

269362.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Secaucus

Project County Name

HUDSON

Project State

NJ

Project Zip

07094-2525

CD

NJ-09

Jobs Reported

24

NAICS Code

423220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

269361.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272729.02

Forgiveness Date

05/05/2022

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