PPP Loan information for Sbm group

$328,230

Sbm group was initially approved for PPP Loan of amount $328,230, the current approved amount is $328,230. The loan was approved on 04/11/2020 by The Cross River Bank reported 15 jobs and $328,230 was used to fund payroll.

Sbm group is Existing or more than 2 years old

PPP Loan Search / NJ / EDISON / Sbm group

SBM GROUP

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SBM GROUP

Borrower Address

629 AMBOY AV STE # 203

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08837-3553

Loan Status Date

06/22/2022

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

328230.00

Current Approval Amount

328230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08837-3553

CD

NJ-06

Jobs Reported

15

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328230.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292406.77

Forgiveness Date

04/22/2022

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