PPP Loan information for Cobo realty inc

$39,500

Cobo realty inc was initially approved for PPP Loan of amount $42,800, the current approved amount is $39,500. The loan was approved on 04/07/2020 by The Magyar Bank reported 6 jobs and $39,500 was used to fund payroll.

Cobo realty inc is Existing or more than 2 years old

PPP Loan Search / NJ / CRANFORD / Cobo realty inc

COBO REALTY INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COBO REALTY INC

Borrower Address

181 NORTH AVE

Borrower City

CRANFORD

Borrower State

NJ

Borrower Zip

07016-2438

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42800.00

Current Approval Amount

39500.00

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

CRANFORD

Project County Name

UNION

Project State

NJ

Project Zip

07016-2438

CD

NJ-10

Jobs Reported

6

NAICS Code

531390

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39500.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40005.82

Forgiveness Date

07/29/2021

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