PPP Loan information for Kape insurance agency inc.

$87,945

Kape insurance agency inc. was initially approved for PPP Loan of amount $87,945, the current approved amount is $87,945. The loan was approved on 04/15/2020 by The Valley National Bank reported 6 jobs and $87,945 was used to fund payroll.

Kape insurance agency inc. is Existing or more than 2 years old

KAPE INSURANCE AGENCY INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KAPE INSURANCE AGENCY INC.

Borrower Address

510 HAMILTON BLVD

Borrower City

SOUTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07080

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87945.00

Current Approval Amount

87945.00

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

SOUTH PLAINFIELD

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-0001

CD

NJ-06

Jobs Reported

6

NAICS Code

524113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87945.00

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

Limited Liability Company(LLC)

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

88763.38

Forgiveness Date

03/24/2021

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