PPP Loan information for Fairfield laundry machinery corp

$100,000

Fairfield laundry machinery corp was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 01/26/2021 by The Valley National Bank reported 10 jobs and $100,000 was used to fund payroll.

Fairfield laundry machinery corp is Existing or more than 2 years old

FAIRFIELD LAUNDRY MACHINERY CORP

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FAIRFIELD LAUNDRY MACHINERY CORP

Borrower Address

5 Montesano Rd

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-3309

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

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

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-3309

CD

NJ-11

Jobs Reported

10

NAICS Code

812332

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

99996.00

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

100527.78

Forgiveness Date

08/11/2021

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