PPP Loan information for Consolidated carpet workroom llc

$2,000,000

Consolidated carpet workroom llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The Valley National Bank reported 160 jobs and $2,000,000 was used to fund payroll.

Consolidated carpet workroom llc is Existing or more than 2 years old

CONSOLIDATED CARPET WORKROOM LLC

Date Approved

02/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

CONSOLIDATED CARPET WORKROOM LLC

Borrower Address

16 W 22nd St Fl 12

Borrower City

New York

Borrower State

NY

Borrower Zip

10010-5888

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10010-5888

CD

NY-12

Jobs Reported

160

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

Limited Liability Company(LLC)

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

2028444.44

Forgiveness Date

07/18/2022

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