PPP Loan information for Prospect transportation inc

$2,000,000

Prospect transportation inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/02/2021 by The Lakeland Bank reported 145 jobs and $2,000,000 was used to fund payroll.

Prospect transportation inc is Existing or more than 2 years old

PPP Loan Search / NJ / Carlstadt / Prospect transportation inc

PROSPECT TRANSPORTATION INC

Date Approved

05/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PROSPECT TRANSPORTATION INC

Borrower Address

630 Industrial Rd

Borrower City

Carlstadt

Borrower State

NJ

Borrower Zip

07072-1619

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Carlstadt

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-1619

CD

NJ-09

Jobs Reported

145

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2014277.78

Forgiveness Date

01/24/2022

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