PPP Loan information for Testrite instrument co inc

$1,685,499

Testrite instrument co inc was initially approved for PPP Loan of amount $1,685,499, the current approved amount is $1,685,499. The loan was approved on 04/10/2020 by The Valley National Bank reported 148 jobs and $1,685,499 was used to fund payroll.

Testrite instrument co inc is Existing or more than 2 years old

PPP Loan Search / NJ / HACKENSACK / Testrite instrument co inc

TESTRITE INSTRUMENT CO INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TESTRITE INSTRUMENT CO INC

Borrower Address

216 S Newman St

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601-3124

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1685499.00

Current Approval Amount

1685499.00

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

NJ

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

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-3124

CD

NJ-05

Jobs Reported

148

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1685499.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1696969.76

Forgiveness Date

12/22/2020

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