PPP Loan information for Batteries for industry

$107,825

Batteries for industry was initially approved for PPP Loan of amount $107,825, the current approved amount is $107,825. The loan was approved on 02/19/2021 by The Freedom Bank reported 7 jobs and $107,825 was used to fund payroll.

Batteries for industry is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Batteries for industry

BATTERIES FOR INDUSTRY

Date Approved

02/19/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BATTERIES FOR INDUSTRY

Borrower Address

247 Fulton St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07501-1311

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107825.05

Current Approval Amount

107825.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455592

Servicing Lender Name

Freedom Bank

Servicing Lender Address

99 W Essex St, 2nd Fl

Servicing Lender City

MAYWOOD

Servicing Lender State

NJ

Servicing Lender Zip

07607-1019

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07501-1311

CD

NJ-09

Jobs Reported

7

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107825.05

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

455592

Originating Lender

Freedom Bank

Originating Lender City

MAYWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108885.33

Forgiveness Date

02/15/2022

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