PPP Loan information for Passaic county welders inc

$289,500

Passaic county welders inc was initially approved for PPP Loan of amount $289,500, the current approved amount is $289,500. The loan was approved on 04/27/2020 by The Kearny Bank reported 28 jobs and $289,500 was used to fund payroll.

Passaic county welders inc is Existing or more than 2 years old

PASSAIC COUNTY WELDERS INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PASSAIC COUNTY WELDERS INC

Borrower Address

100 PARISH DR

Borrower City

WAYNE

Borrower State

NJ

Borrower Zip

07470

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289500.00

Current Approval Amount

289500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80086

Servicing Lender Name

Kearny Bank

Servicing Lender Address

614 Kearny Ave

Servicing Lender City

KEARNY

Servicing Lender State

NJ

Servicing Lender Zip

07032-2806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-1200

CD

NJ-11

Jobs Reported

28

NAICS Code

332313

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

72375.00

Payroll Proceed

217125.00

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

Subchapter S Corporation

Originating Lender Location Id

80086

Originating Lender

Kearny Bank

Originating Lender City

KEARNY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

292772.96

Forgiveness Date

06/16/2021

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