PPP Loan information for Rug works inc

$89,835

Rug works inc was initially approved for PPP Loan of amount $89,835, the current approved amount is $89,835. The loan was approved on 04/28/2020 by The Valley National Bank reported 11 jobs and $89,835 was used to fund payroll.

Rug works inc is Existing or more than 2 years old

PPP Loan Search / NJ / PARAMUS / Rug works inc

RUG WORKS INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RUG WORKS INC

Borrower Address

495 ROUTE 17

Borrower City

PARAMUS

Borrower State

NJ

Borrower Zip

07652

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89835.00

Current Approval Amount

89835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARAMUS

Project County Name

BERGEN

Project State

NJ

Project Zip

07652-1200

CD

NJ-05

Jobs Reported

11

NAICS Code

314110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89835.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90655.99

Forgiveness Date

03/31/2021

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