Date Approved
03/08/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
STATCO INCORPORATED
Borrower Address
301 16th St
Borrower City
Jersey City
Borrower State
NJ
Borrower Zip
07310-1024
Loan Status Date
12/10/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
379187.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45120
Servicing Lender Name
Valley National Bank
Servicing Lender Address
615 Main Ave
Servicing Lender City
PASSAIC
Servicing Lender State
Servicing Lender Zip
07055-5066
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUDSON
Project State
Project Zip
CD
NJ-08
Jobs Reported
32
NAICS Code
541990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
381641.18
Forgiveness Date
10/29/2021