PPP Loan information for Accurate diamond tool corp

$287,093

Accurate diamond tool corp was initially approved for PPP Loan of amount $287,093, the current approved amount is $287,093. The loan was approved on 04/10/2020 by The Valley National Bank reported 15 jobs and $287,093 was used to fund payroll.

Accurate diamond tool corp is Existing or more than 2 years old

ACCURATE DIAMOND TOOL CORP

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACCURATE DIAMOND TOOL CORP

Borrower Address

1 Palisade Ave

Borrower City

EMERSON

Borrower State

NJ

Borrower Zip

07630-1821

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287093.25

Current Approval Amount

287093.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EMERSON

Project County Name

BERGEN

Project State

NJ

Project Zip

07630-1821

CD

NJ-05

Jobs Reported

15

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287093.25

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

289055.05

Forgiveness Date

12/23/2020

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