PPP Loan information for Algar inc

$101,461

Algar inc was initially approved for PPP Loan of amount $101,461, the current approved amount is $101,461. The loan was approved on 05/18/2020 by The Cross River Bank reported 18 jobs and $101,461 was used to fund payroll.

Algar inc is Existing or more than 2 years old

PPP Loan Search / NJ / Rahway / Algar inc

ALGAR INC

Date Approved

05/18/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALGAR INC

Borrower Address

347 JAQUES AVE

Borrower City

Rahway

Borrower State

NJ

Borrower Zip

07065

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101461.00

Current Approval Amount

101461.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rahway

Project County Name

UNION

Project State

NJ

Project Zip

07065-0001

CD

NJ-07

Jobs Reported

18

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101461.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102978.75

Forgiveness Date

11/17/2021

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