PPP Loan information for The basic advantage inc

$81,800

The basic advantage inc was initially approved for PPP Loan of amount $81,800, the current approved amount is $81,800. The loan was approved on 04/28/2020 by The First Commerce Bank reported 15 jobs and $81,800 was used to fund payroll.

The basic advantage inc is Unanswered

THE BASIC ADVANTAGE INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE BASIC ADVANTAGE INC

Borrower Address

575 Prospect Street

Borrower City

LAKEWOOD

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81800.00

Current Approval Amount

81800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437880

Servicing Lender Name

First Commerce Bank

Servicing Lender Address

105 River Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08701-4267

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LAKEWOOD

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-0001

CD

NJ-04

Jobs Reported

15

NAICS Code

322220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81800.00

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

437880

Originating Lender

First Commerce Bank

Originating Lender City

LAKEWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82506.66

Forgiveness Date

03/15/2021

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