PPP Loan information for Passaic rubber company

$544,812

Passaic rubber company was initially approved for PPP Loan of amount $544,812, the current approved amount is $544,812. The loan was approved on 04/29/2020 by The Lakeland Bank reported 34 jobs and $544,812 was used to fund payroll.

Passaic rubber company is Existing or more than 2 years old

PASSAIC RUBBER COMPANY

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PASSAIC RUBBER COMPANY

Borrower Address

45 Demarest Drive

Borrower City

WAYNE

Borrower State

NJ

Borrower Zip

07470

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544812.27

Current Approval Amount

544812.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

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

34

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

544812.27

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

551607.29

Forgiveness Date

08/11/2021

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