PPP Loan information for Classlink, inc

$1,558,547

Classlink, inc was initially approved for PPP Loan of amount $1,558,547, the current approved amount is $1,558,547. The loan was approved on 04/10/2020 by The Valley National Bank reported 91 jobs and $1,558,547 was used to fund payroll.

Classlink, inc is Existing or more than 2 years old

CLASSLINK, INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CLASSLINK, INC

Borrower Address

45 E Madison Ave STE 7

Borrower City

CLIFTON

Borrower State

NJ

Borrower Zip

07011-2381

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1558547.00

Current Approval Amount

1558547.00

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

CLIFTON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-2381

CD

NJ-09

Jobs Reported

91

NAICS Code

541511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1558547.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1569716.59

Forgiveness Date

01/06/2021

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