PPP Loan information for Bbt logistics inc

$563,122

Bbt logistics inc was initially approved for PPP Loan of amount $563,122, the current approved amount is $563,122. The loan was approved on 03/26/2021 by The Valley National Bank reported 38 jobs and $563,122 was used to fund payroll.

Bbt logistics inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Bbt logistics inc

BBT LOGISTICS INC

Date Approved

03/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BBT LOGISTICS INC

Borrower Address

329 Doremus Ave

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-4831

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

563122.00

Current Approval Amount

563122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-4831

CD

NJ-08

Jobs Reported

38

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

563120.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

566469.45

Forgiveness Date

11/01/2021

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