Date Approved
04/13/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
SAGEN TRUST COMPANY, INC.
Borrower Address
15 EXCHANGE PL STE 320
Borrower City
JERSEY CITY
Borrower State
NJ
Borrower Zip
07302-3902
Loan Status Date
07/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
235000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
4924
Servicing Lender Name
City National Bank
Servicing Lender Address
555 S Flower St
Servicing Lender City
LOS ANGELES
Servicing Lender State
CA
Servicing Lender Zip
90071-2300
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUDSON
Project State
Project Zip
CD
NJ-08
Jobs Reported
8
NAICS Code
523991
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
200000.00
Mortgage Interest Proceed
Rent Proceed
20000.00
Refinance EIDL Proceed
Health Care Proceed
15000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
237633.29
Forgiveness Date
06/11/2021