PPP Loan information for Prime time construction

$2,312,044

Prime time construction was initially approved for PPP Loan of amount $2,312,044, the current approved amount is $2,312,044. The loan was approved on 04/08/2020 by The Blue Foundry Bank reported 190 jobs and $2,312,044 was used to fund payroll.

Prime time construction is Existing or more than 2 years old

PRIME TIME CONSTRUCTION

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRIME TIME CONSTRUCTION

Borrower Address

449 East 18th St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07524-2711

Loan Status Date

Loan Status

Exemption 4

Term

48

SBA Guaranty Percentage

100

Initial Approval Amount

2312044.00

Current Approval Amount

2312044.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85732

Servicing Lender Name

Blue Foundry Bank

Servicing Lender Address

19 Park Avenue

Servicing Lender City

Rutherford

Servicing Lender State

NJ

Servicing Lender Zip

07070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07524-2711

CD

NJ-09

Jobs Reported

190

NAICS Code

236116

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2312044.00

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

85732

Originating Lender

Blue Foundry Bank

Originating Lender City

Rutherford

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1903142.75

Forgiveness Date

02/17/2022

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