PPP Loan information for Staff management group

$10,000,000

Staff management group was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/27/2020 by The Blue Ridge Bank, National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Staff management group is Existing or more than 2 years old

STAFF MANAGEMENT GROUP

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

STAFF MANAGEMENT GROUP

Borrower Address

314 Campus Drive

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08837

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

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

08837-2000

CD

NJ-06

Jobs Reported

500

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

9880000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10111944.44

Forgiveness Date

06/11/2021

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