Date Approved
04/28/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
WORMSER CORPORATION
Borrower Address
150 Coolidge Avenue
Borrower City
Englewood
Borrower State
NJ
Borrower Zip
07631
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1141800.00
Current Approval Amount
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
Project County Name
BERGEN
Project State
Project Zip
07631-0001
CD
NJ-05
Jobs Reported
10
NAICS Code
812199
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
43251
Originating Lender
Peapack-Gladstone Bank
Originating Lender City
BEDMINSTER
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1153718.52
Forgiveness Date
05/21/2021