PPP Loan information for Affordable distributors inc

$98,726

Affordable distributors inc was initially approved for PPP Loan of amount $98,726, the current approved amount is $98,726. The loan was approved on 03/01/2021 by The Cross River Bank reported 11 jobs and $98,726 was used to fund payroll.

Affordable distributors inc is Existing or more than 2 years old

PPP Loan Search / NJ / Irvington / Affordable distributors inc

AFFORDABLE DISTRIBUTORS INC

Date Approved

03/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AFFORDABLE DISTRIBUTORS INC

Borrower Address

698 S 21st St

Borrower City

Irvington

Borrower State

NJ

Borrower Zip

07111-4109

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98726.00

Current Approval Amount

98726.00

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

Existing or more than 2 years old

Project City

Irvington

Project County Name

ESSEX

Project State

NJ

Project Zip

07111-4109

CD

NJ-10

Jobs Reported

11

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98726.00

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

100164.97

Forgiveness Date

08/16/2022

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