PPP Loan information for T & j inc t/a palermos bakery

$343,325

T & j inc t/a palermos bakery was initially approved for PPP Loan of amount $343,325, the current approved amount is $343,325. The loan was approved on 01/27/2021 by The First Business Bank reported 22 jobs and $343,325 was used to fund payroll.

T & j inc t/a palermos bakery is Existing or more than 2 years old

T & J INC T/A PALERMOS BAKERY

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

T & J INC T/A PALERMOS BAKERY

Borrower Address

187 Main St

Borrower City

Ridgefield Park

Borrower State

NJ

Borrower Zip

07660-1604

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

343325.00

Current Approval Amount

343325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgefield Park

Project County Name

BERGEN

Project State

NJ

Project Zip

07660-1604

CD

NJ-05

Jobs Reported

22

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

343323.00

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

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227409.56

Forgiveness Date

09/17/2021

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