PPP Loan information for Wormser corporation

$1,193,860

Wormser corporation was initially approved for PPP Loan of amount $1,193,860, the current approved amount is $1,193,860. The loan was approved on 01/23/2021 by The Loan Source Incorporated reported 51 jobs and $1,193,860 was used to fund payroll.

Wormser corporation is Existing or more than 2 years old

WORMSER CORPORATION

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

WORMSER CORPORATION

Borrower Address

150 Coolidge Ave

Borrower City

Englewood

Borrower State

NJ

Borrower Zip

07631-4522

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1193860.00

Current Approval Amount

1193860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Englewood

Project County Name

BERGEN

Project State

NJ

Project Zip

07631-4522

CD

NJ-05

Jobs Reported

51

NAICS Code

812199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1193855.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1203181.92

Forgiveness Date

11/17/2021

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