PPP Loan information for Aculabs, inc

$1,857,900

Aculabs, inc was initially approved for PPP Loan of amount $1,857,900, the current approved amount is $1,857,900. The loan was approved on 04/08/2020 by The Valley National Bank reported 309 jobs and $1,857,900 was used to fund payroll.

Aculabs, inc is Existing or more than 2 years old

PPP Loan Search / NJ / EAST BRUNSWICK / Aculabs, inc

ACULABS, INC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACULABS, INC

Borrower Address

2 KENNEDY BLVD

Borrower City

EAST BRUNSWICK

Borrower State

NJ

Borrower Zip

08816-1248

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1857900.00

Current Approval Amount

1857900.00

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

EAST BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-1248

CD

NJ-12

Jobs Reported

309

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1857900.00

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

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

1871937.47

Forgiveness Date

01/14/2021

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