PPP Loan information for Balady promotions inc

$60,242

Balady promotions inc was initially approved for PPP Loan of amount $60,242, the current approved amount is $60,242. The loan was approved on 03/15/2021 by The Valley National Bank reported 6 jobs and $60,242 was used to fund payroll.

Balady promotions inc is Existing or more than 2 years old

BALADY PROMOTIONS INC

Date Approved

03/15/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BALADY PROMOTIONS INC

Borrower Address

1719 State Rt 10 Ste 103

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054-4515

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60242.00

Current Approval Amount

60242.00

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

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-4515

CD

NJ-11

Jobs Reported

6

NAICS Code

541870

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60239.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60628.55

Forgiveness Date

11/03/2021

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