PPP Loan information for Ampal group llc

$253,935

Ampal group llc was initially approved for PPP Loan of amount $253,935, the current approved amount is $253,935. The loan was approved on 04/08/2020 by The Valley National Bank reported 14 jobs and $253,935 was used to fund payroll.

Ampal group llc is Existing or more than 2 years old

AMPAL GROUP LLC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMPAL GROUP LLC

Borrower Address

239 Route 22 East Suite 307

Borrower City

DUNELLEN

Borrower State

NJ

Borrower Zip

08812

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253935.00

Current Approval Amount

253935.00

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

DUNELLEN

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08812-0001

CD

NJ-12

Jobs Reported

14

NAICS Code

541618

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

253935.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256869.36

Forgiveness Date

06/11/2021

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