PPP Loan information for Developers funding company

$1,495,227

Developers funding company was initially approved for PPP Loan of amount $1,495,227, the current approved amount is $1,495,227. The loan was approved on 04/11/2020 by The Valley National Bank reported 132 jobs and $1,495,227 was used to fund payroll.

Developers funding company is Existing or more than 2 years old

PPP Loan Search / NJ / UNION / Developers funding company

DEVELOPERS FUNDING COMPANY

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DEVELOPERS FUNDING COMPANY

Borrower Address

2029 MORRIS AVE

Borrower City

UNION

Borrower State

NJ

Borrower Zip

07083-3004

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1495227.00

Current Approval Amount

1495227.00

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

UNION

Project County Name

UNION

Project State

NJ

Project Zip

07083-3004

CD

NJ-10

Jobs Reported

132

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1495227.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1510719.21

Forgiveness Date

04/29/2021

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