PPP Loan information for 5portals inc

$12,500

5portals inc was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 05/26/2020 by The Celtic Bank Corporation reported 2 jobs and $12,500 was used to fund payroll.

5portals inc is Existing or more than 2 years old

5PORTALS INC

Date Approved

05/26/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

5PORTALS INC

Borrower Address

315 Cranford Ave

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036-1931

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-1931

CD

NJ-10

Jobs Reported

2

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1562.50

Payroll Proceed

9375.00

Mortgage Interest Proceed

0.00

Rent Proceed

1562.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12700.68

Forgiveness Date

01/04/2022

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