PPP Loan information for Active ip systems llc

$496,255

Active ip systems llc was initially approved for PPP Loan of amount $496,255, the current approved amount is $496,255. The loan was approved on 05/27/2021 by The Ponce Bank reported 33 jobs and $496,255 was used to fund payroll.

Active ip systems llc is Existing or more than 2 years old

ACTIVE IP SYSTEMS LLC

Date Approved

05/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ACTIVE IP SYSTEMS LLC

Borrower Address

3600 Bergenline Ave Ste 2

Borrower City

Union City

Borrower State

NJ

Borrower Zip

07087-4799

Loan Status Date

12/20/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

496255.00

Current Approval Amount

496255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88717

Servicing Lender Name

Ponce Bank

Servicing Lender Address

2244 Westchester Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10462-5010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

HUDSON

Project State

NJ

Project Zip

07087-4799

CD

NJ-08

Jobs Reported

33

NAICS Code

541513

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

496253.00

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

88717

Originating Lender

Ponce Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;