PPP Loan information for Business group inc

$97,844

Business group inc was initially approved for PPP Loan of amount $97,844, the current approved amount is $97,844. The loan was approved on 04/30/2020 by The Cross River Bank reported 11 jobs and $97,844 was used to fund payroll.

Business group inc is Unanswered

BUSINESS GROUP INC

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

BUSINESS GROUP INC

Borrower Address

3190 LANCASTER DR NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97305

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97844.45

Current Approval Amount

97844.45

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

Y

Business Age Description

Unanswered

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97305-0001

CD

OR-05

Jobs Reported

11

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97844.45

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98506.58

Forgiveness Date

01/08/2021

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