Date Approved
05/01/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
PRECESS MEDICAL DERIVATIVES INC
Borrower Address
404 White Oak Ridge Rd.
Borrower City
Short Hills
Borrower State
NJ
Borrower Zip
07078-1230
Loan Status Date
03/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
75000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
223542
Servicing Lender Name
Celtic Bank Corporation
Servicing Lender Address
268 S State St, Ste 300
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-5314
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
ESSEX
Project State
Project Zip
CD
NJ-11
Jobs Reported
4
NAICS Code
541712
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
75537.50
Forgiveness Date
02/02/2021