PPP Loan information for Activate llc

$398,455

Activate llc was initially approved for PPP Loan of amount $398,455, the current approved amount is $398,455. The loan was approved on 01/28/2021 by The Valley National Bank reported 14 jobs and $398,455 was used to fund payroll.

Activate llc is Existing or more than 2 years old

ACTIVATE LLC

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ACTIVATE LLC

Borrower Address

1 Gatehall Dr Ste 306

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054-4514

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398455.00

Current Approval Amount

398455.00

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

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-4514

CD

NJ-11

Jobs Reported

14

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398455.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

401332.73

Forgiveness Date

10/20/2021

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