Date Approved
05/13/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
BFELM INC
Borrower Address
35 Elm St
Borrower City
Westfield
Borrower State
NJ
Borrower Zip
07090
Loan Status Date
06/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
52593.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
529050
Servicing Lender Name
Square Capital, LLC
Servicing Lender Address
1455 Market Street, Suite 600
Servicing Lender City
San Francisco
Servicing Lender State
CA
Servicing Lender Zip
94103
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
UNION
Project State
Project Zip
07090-1000
CD
NJ-07
Jobs Reported
20
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
6574.12
Payroll Proceed
39444.75
Mortgage Interest Proceed
6574.13
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
223542
Originating Lender
Celtic Bank Corporation
Originating Lender City
SALT LAKE CITY
Originating Lender State
UT
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
53104.52
Forgiveness Date
05/05/2021