PPP Loan information for Federal business products, inc.

$949,162

Federal business products, inc. was initially approved for PPP Loan of amount $949,162, the current approved amount is $949,162. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 93 jobs and $949,162 was used to fund payroll.

Federal business products, inc. is Existing or more than 2 years old

FEDERAL BUSINESS PRODUCTS, INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FEDERAL BUSINESS PRODUCTS, INC.

Borrower Address

150 Clove Road, 5th Floor 0.0

Borrower City

Little Falls

Borrower State

NJ

Borrower Zip

07424-2138

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

949162.00

Current Approval Amount

949162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Falls

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-2138

CD

NJ-11

Jobs Reported

93

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17000.00

Payroll Proceed

791162.00

Mortgage Interest Proceed

16000.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

961564.38

Forgiveness Date

08/04/2021

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