PPP Loan information for Atlantic coast recycling of ocean, llc

$758,325

Atlantic coast recycling of ocean, llc was initially approved for PPP Loan of amount $758,325, the current approved amount is $758,325. The loan was approved on 04/08/2020 by The Valley National Bank reported 53 jobs and $758,325 was used to fund payroll.

Atlantic coast recycling of ocean, llc is Existing or more than 2 years old

ATLANTIC COAST RECYCLING OF OCEAN, LLC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ATLANTIC COAST RECYCLING OF OCEAN, LLC

Borrower Address

101 7TH ST

Borrower City

PASSAIC

Borrower State

NJ

Borrower Zip

07055-7909

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

758325.00

Current Approval Amount

758325.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PASSAIC

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-7909

CD

NJ-09

Jobs Reported

53

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

758325.00

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

Unanswered

Non Profit

Forgiveness Amount

765360.57

Forgiveness Date

03/23/2021

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