PPP Loan information for Timbers inc
$2,000,000
Timbers inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/22/2021 by The Provident Bank reported 242 jobs and $2,000,000 was used to fund payroll.
Timbers inc is Existing or more than 2 years old
TIMBERS INC
Date Approved
01/22/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
TIMBERS INC
Borrower Address
1 Convent Rd
Borrower City
Morristown
Borrower State
NJ
Borrower Zip
07960-6922
Loan Status Date
04/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2000000.00
Current Approval Amount
2000000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
43795
Servicing Lender Name
Provident Bank
Servicing Lender Address
239 Washington St
Servicing Lender City
JERSEY CITY
Servicing Lender State
NJ
Servicing Lender Zip
07302-3828
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Morristown
Project County Name
MORRIS
Project State
NJ
Project Zip
07960-6922
CD
NJ-11
Jobs Reported
242
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1999996.00
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
43795
Originating Lender
Provident Bank
Originating Lender City
JERSEY CITY
Originating Lender State
NJ
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
2023287.67
Forgiveness Date
03/30/2022