PPP Loan information for Absolute weave bar

$87,869

Absolute weave bar was initially approved for PPP Loan of amount $87,869, the current approved amount is $87,869. The loan was approved on 04/15/2020 by The Cross River Bank reported 12 jobs and $87,869 was used to fund payroll.

Absolute weave bar is Existing or more than 2 years old

ABSOLUTE WEAVE BAR

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ABSOLUTE WEAVE BAR

Borrower Address

1649 Route 38

Borrower City

Mount Holly

Borrower State

NJ

Borrower Zip

08060

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87869.00

Current Approval Amount

87869.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mount Holly

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08060-0001

CD

NJ-03

Jobs Reported

12

NAICS Code

812112

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87869.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

78363.95

Forgiveness Date

12/10/2020

;