PPP Loan information for Samad brothers inc

$153,587

Samad brothers inc was initially approved for PPP Loan of amount $153,587, the current approved amount is $153,587. The loan was approved on 01/31/2021 by The Bank of America, National Association reported 12 jobs and $153,587 was used to fund payroll.

Samad brothers inc is Existing or more than 2 years old

SAMAD BROTHERS INC

Date Approved

01/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SAMAD BROTHERS INC

Borrower Address

419 Murray Hill Pkwy

Borrower City

East Rutherford

Borrower State

NJ

Borrower Zip

07073-2107

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153587.00

Current Approval Amount

153587.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Rutherford

Project County Name

BERGEN

Project State

NJ

Project Zip

07073-2107

CD

NJ-09

Jobs Reported

12

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

153587.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154357.04

Forgiveness Date

08/04/2021

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