PPP Loan information for Aldercrest development corp

$312,200

Aldercrest development corp was initially approved for PPP Loan of amount $312,250, the current approved amount is $312,200. The loan was approved on 04/27/2020 by The Amboy Bank reported 40 jobs and $312,200 was used to fund payroll.

Aldercrest development corp is Existing or more than 2 years old

PPP Loan Search / NJ / OLD BRIDGE / Aldercrest development corp

ALDERCREST DEVELOPMENT CORP

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALDERCREST DEVELOPMENT CORP

Borrower Address

1655 US HIGHWAY 9

Borrower City

OLD BRIDGE

Borrower State

NJ

Borrower Zip

08857-2844

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312250.00

Current Approval Amount

312200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43940

Servicing Lender Name

Amboy Bank

Servicing Lender Address

3590 US Hwy 9 South

Servicing Lender City

OLD BRIDGE

Servicing Lender State

NJ

Servicing Lender Zip

08857-2765

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD BRIDGE

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08857-2844

CD

NJ-06

Jobs Reported

40

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

312200.00

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

Corporation

Originating Lender Location Id

43940

Originating Lender

Amboy Bank

Originating Lender City

OLD BRIDGE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315278.64

Forgiveness Date

04/22/2021

;