PPP Loan information for Drobach equipment rental company, inc.

$527,500

Drobach equipment rental company, inc. was initially approved for PPP Loan of amount $527,500, the current approved amount is $527,500. The loan was approved on 04/13/2020 by The ConnectOne Bank reported 19 jobs and $527,500 was used to fund payroll.

Drobach equipment rental company, inc. is Existing or more than 2 years old

DROBACH EQUIPMENT RENTAL COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DROBACH EQUIPMENT RENTAL COMPANY, INC.

Borrower Address

2240 ROUTE 2240 EAST

Borrower City

UNION

Borrower State

NJ

Borrower Zip

07083

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527500.00

Current Approval Amount

527500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

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

07083-0001

CD

NJ-10

Jobs Reported

19

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

527500.00

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

Subchapter S Corporation

Originating Lender Location Id

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

533800.69

Forgiveness Date

07/06/2021

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