PPP Loan information for Seldat distribution inc

$2,125,000

Seldat distribution inc was initially approved for PPP Loan of amount $2,125,000, the current approved amount is $2,125,000. The loan was approved on 04/15/2020 by The TD Bank, National Association reported 400 jobs and $2,125,000 was used to fund payroll.

Seldat distribution inc is Unanswered

PPP Loan Search / NJ / SOUTH PLAINFIELD / Seldat distribution inc

SELDAT DISTRIBUTION INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SELDAT DISTRIBUTION INC

Borrower Address

one cragewood suite 103A

Borrower City

SOUTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07080

Loan Status Date

02/18/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

2125000.00

Current Approval Amount

2125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SOUTH PLAINFIELD

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-0001

CD

NJ-06

Jobs Reported

400

NAICS Code

493190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2125000.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1862130.41

Forgiveness Date

10/07/2021

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