PPP Loan information for Sagen trust company, inc.

$235,000

Sagen trust company, inc. was initially approved for PPP Loan of amount $235,000, the current approved amount is $235,000. The loan was approved on 04/13/2020 by The City National Bank reported 8 jobs and $235,000 was used to fund payroll.

Sagen trust company, inc. is Existing or more than 2 years old

SAGEN TRUST COMPANY, INC.

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

235000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

JERSEY CITY

Project County Name

HUDSON

Project State

NJ

Project Zip

07302-3902

CD

NJ-08

Jobs Reported

8

NAICS Code

523991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237633.29

Forgiveness Date

06/11/2021

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