PPP Loan information for Banks bros. corporation

$166,344

Banks bros. corporation was initially approved for PPP Loan of amount $166,344, the current approved amount is $166,344. The loan was approved on 05/03/2020 by The JPMorgan Chase Bank, National Association reported 14 jobs and $166,344 was used to fund payroll.

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

BANKS BROS. CORPORATION

Date Approved

05/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BANKS BROS. CORPORATION

Borrower Address

24 Federal Plaza

Borrower City

BLOOMFIELD

Borrower State

NJ

Borrower Zip

07003

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166344.00

Current Approval Amount

166344.00

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

07003-0001

CD

NJ-11

Jobs Reported

14

NAICS Code

339991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31002.10

Payroll Proceed

133075.68

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2266.22

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167548.52

Forgiveness Date

01/27/2021

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