PPP Loan information for Basic commerce & industries inc

$3,559,722

Basic commerce & industries inc was initially approved for PPP Loan of amount $3,559,722, the current approved amount is $3,559,722. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 166 jobs and $3,559,722 was used to fund payroll.

Basic commerce & industries inc is New Business or 2 years or less

PPP Loan Search / NJ / MOORESTOWN / Basic commerce & industries inc

BASIC COMMERCE & INDUSTRIES INC

Date Approved

05/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BASIC COMMERCE & INDUSTRIES INC

Borrower Address

303 HARPER DR

Borrower City

MOORESTOWN

Borrower State

NJ

Borrower Zip

08057-3229

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3559722.00

Current Approval Amount

3559722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOORESTOWN

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08057-3229

CD

NJ-03

Jobs Reported

166

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3559722.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3631696.65

Forgiveness Date

05/20/2022

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