PPP Loan information for Borden-perlman insurance agency, inc

$1,364,400

Borden-perlman insurance agency, inc was initially approved for PPP Loan of amount $1,407,700, the current approved amount is $1,364,400. The loan was approved on 04/04/2020 by The Magyar Bank reported 62 jobs and $1,364,400 was used to fund payroll.

Borden-perlman insurance agency, inc is Existing or more than 2 years old

PPP Loan Search / NJ / TRENTON / Borden-perlman insurance agency, inc

BORDEN-PERLMAN INSURANCE AGENCY, INC

Date Approved

04/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BORDEN-PERLMAN INSURANCE AGENCY, INC

Borrower Address

250 PHILLIPS BLVD

Borrower City

TRENTON

Borrower State

NJ

Borrower Zip

08618-1425

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1407700.00

Current Approval Amount

1364400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRENTON

Project County Name

MERCER

Project State

NJ

Project Zip

08618-1425

CD

NJ-12

Jobs Reported

62

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

454800.00

Payroll Proceed

454800.00

Mortgage Interest Proceed

0.00

Rent Proceed

454800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1372321.10

Forgiveness Date

11/23/2020

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