PPP Loan information for The basic advantage inc.

$81,875

The basic advantage inc. was initially approved for PPP Loan of amount $81,875, the current approved amount is $81,875. The loan was approved on 01/23/2021 by The First Commerce Bank reported 12 jobs and $81,875 was used to fund payroll.

The basic advantage inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood / The basic advantage inc.

THE BASIC ADVANTAGE INC.

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE BASIC ADVANTAGE INC.

Borrower Address

575 Prospect St Ste 241

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-5040

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81875.00

Current Approval Amount

81875.00

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

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-5040

CD

NJ-04

Jobs Reported

12

NAICS Code

424330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

81871.00

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

82386.72

Forgiveness Date

09/09/2021

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