PPP Loan information for Lotfy and sons inc

$24,835

Lotfy and sons inc was initially approved for PPP Loan of amount $24,835, the current approved amount is $24,835. The loan was approved on 01/29/2021 by The Valley National Bank reported 5 jobs and $24,835 was used to fund payroll.

Lotfy and sons inc is Existing or more than 2 years old

LOTFY AND SONS INC

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LOTFY AND SONS INC

Borrower Address

3901 Liberty Ave Ste 10

Borrower City

North Bergen

Borrower State

NJ

Borrower Zip

07047-2538

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24835.00

Current Approval Amount

24835.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

North Bergen

Project County Name

HUDSON

Project State

NJ

Project Zip

07047-2538

CD

NJ-08

Jobs Reported

5

NAICS Code

423220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

24830.00

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

24977.80

Forgiveness Date

08/30/2021

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