PPP Loan information for Batteries for industry, inc.

$111,835

Batteries for industry, inc. was initially approved for PPP Loan of amount $111,835, the current approved amount is $111,835. The loan was approved on 06/23/2020 by The Westfield Bank reported 8 jobs and $111,835 was used to fund payroll.

Batteries for industry, inc. is New Business or 2 years or less

PPP Loan Search / NJ / PATERSON / Batteries for industry, inc.

BATTERIES FOR INDUSTRY, INC.

Date Approved

06/23/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BATTERIES FOR INDUSTRY, INC.

Borrower Address

247 FULTON STREET

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07501-1311

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111835.00

Current Approval Amount

111835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07501-1311

CD

NJ-09

Jobs Reported

8

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

111835.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112711.04

Forgiveness Date

04/08/2021

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