PPP Loan information for Affordable distributors inc

$101,842

Affordable distributors inc was initially approved for PPP Loan of amount $101,842, the current approved amount is $101,842. The loan was approved on 04/30/2020 by The Cross River Bank reported 11 jobs and $101,842 was used to fund payroll.

Affordable distributors inc is Unanswered

AFFORDABLE DISTRIBUTORS INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AFFORDABLE DISTRIBUTORS INC

Borrower Address

698 South 21st Street

Borrower City

Irvington

Borrower State

NJ

Borrower Zip

07111

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101842.00

Current Approval Amount

101842.00

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

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Irvington

Project County Name

ESSEX

Project State

NJ

Project Zip

07111-0001

CD

NJ-10

Jobs Reported

11

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101842.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102545.13

Forgiveness Date

01/08/2021

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