PPP Loan information for Beltway iron co inc

$600,000

Beltway iron co inc was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 05/01/2020 by The Cross River Bank reported 53 jobs and $600,000 was used to fund payroll.

Beltway iron co inc is Existing or more than 2 years old

BELTWAY IRON CO INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BELTWAY IRON CO INC

Borrower Address

230 Schooner Lane

Borrower City

Prince Frederick

Borrower State

MD

Borrower Zip

20678

Loan Status Date

10/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prince Frederick

Project County Name

CALVERT

Project State

MD

Project Zip

20678-0001

CD

MD-05

Jobs Reported

53

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

532120.18

Forgiveness Date

04/16/2021

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