PPP Loan information for Beacut abrasive corp.

$103,689

Beacut abrasive corp. was initially approved for PPP Loan of amount $103,689, the current approved amount is $103,689. The loan was approved on 06/26/2020 by The Spencer Savings Bank, SLA reported 13 jobs and $103,689 was used to fund payroll.

Beacut abrasive corp. is Existing or more than 2 years old

PPP Loan Search / NJ / ELMWOOD PARK / Beacut abrasive corp.

BEACUT ABRASIVE CORP.

Date Approved

06/26/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BEACUT ABRASIVE CORP.

Borrower Address

tbd

Borrower City

ELMWOOD PARK

Borrower State

NJ

Borrower Zip

07407

Loan Status Date

02/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103688.55

Current Approval Amount

103688.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMWOOD PARK

Project County Name

BERGEN

Project State

NJ

Project Zip

07407-0001

CD

NJ-09

Jobs Reported

13

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103688.55

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

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

104131.71

Forgiveness Date

12/03/2020

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