PPP Loan information for Factor group inc

$31,884

Factor group inc was initially approved for PPP Loan of amount $31,884, the current approved amount is $31,884. The loan was approved on 02/05/2021 by The Bank of America, National Association reported 2 jobs and $31,884 was used to fund payroll.

Factor group inc is Existing or more than 2 years old

FACTOR GROUP INC

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FACTOR GROUP INC

Borrower Address

42 Crest Dr

Borrower City

South Orange

Borrower State

NJ

Borrower Zip

07079-1039

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31884.00

Current Approval Amount

31884.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Orange

Project County Name

ESSEX

Project State

NJ

Project Zip

07079-1039

CD

NJ-11

Jobs Reported

2

NAICS Code

562910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31884.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32058.71

Forgiveness Date

08/26/2021

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