PPP Loan information for Effective collections llc

$66,893

Effective collections llc was initially approved for PPP Loan of amount $66,893, the current approved amount is $66,893. The loan was approved on 03/25/2021 by The First Commerce Bank reported 3 jobs and $66,893 was used to fund payroll.

Effective collections llc is Existing or more than 2 years old

EFFECTIVE COLLECTIONS LLC

Date Approved

03/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EFFECTIVE COLLECTIONS LLC

Borrower Address

8 Fillmore Ave

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-5665

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66892.50

Current Approval Amount

66892.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437880

Servicing Lender Name

First Commerce Bank

Servicing Lender Address

105 River Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08701-4267

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-5665

CD

NJ-04

Jobs Reported

3

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66892.50

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

437880

Originating Lender

First Commerce Bank

Originating Lender City

LAKEWOOD

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67325.44

Forgiveness Date

11/19/2021

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