PPP Loan information for Element farms, inc.

$46,900

Element farms, inc. was initially approved for PPP Loan of amount $46,900, the current approved amount is $46,900. The loan was approved on 05/01/2020 by The Cross River Bank reported 12 jobs and $46,900 was used to fund payroll.

Element farms, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Newton / Element farms, inc.

ELEMENT FARMS, INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ELEMENT FARMS, INC.

Borrower Address

152 Hampton House Rd.

Borrower City

Newton

Borrower State

NJ

Borrower Zip

07860

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46900.00

Current Approval Amount

46900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

SUSSEX

Project State

NJ

Project Zip

07860-0001

CD

NJ-05

Jobs Reported

12

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46900.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47699.23

Forgiveness Date

01/21/2022

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