PPP Loan information for Rahway steel drum company inc

$386,300

Rahway steel drum company inc was initially approved for PPP Loan of amount $386,300, the current approved amount is $386,300. The loan was approved on 04/14/2020 by The Truist Bank reported 34 jobs and $386,300 was used to fund payroll.

Rahway steel drum company inc is Existing or more than 2 years old

RAHWAY STEEL DRUM COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAHWAY STEEL DRUM COMPANY INC

Borrower Address

26 BRICK YARD RD

Borrower City

CRANBURY

Borrower State

NJ

Borrower Zip

08512-5002

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386300.00

Current Approval Amount

386300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRANBURY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08512-5002

CD

NJ-12

Jobs Reported

34

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

386300.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

393210.48

Forgiveness Date

01/25/2022

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