PPP Loan information for Banks bros. corporation

$144,267

Banks bros. corporation was initially approved for PPP Loan of amount $144,267, the current approved amount is $144,267. The loan was approved on 03/13/2021 by The JPMorgan Chase Bank, National Association reported 14 jobs and $144,267 was used to fund payroll.

Banks bros. corporation is Existing or more than 2 years old

BANKS BROS. CORPORATION

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BANKS BROS. CORPORATION

Borrower Address

24 Federal Plz

Borrower City

Bloomfield

Borrower State

NJ

Borrower Zip

07003-5636

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144267.00

Current Approval Amount

144267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07003-5636

CD

NJ-11

Jobs Reported

14

NAICS Code

339991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

144266.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145370.56

Forgiveness Date

12/23/2021

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