PPP Loan information for Black ink, inc.

$40,527

Black ink, inc. was initially approved for PPP Loan of amount $40,527, the current approved amount is $40,527. The loan was approved on 04/29/2020 by The City National Bank reported 2 jobs and $40,527 was used to fund payroll.

Black ink, inc. is New Business or 2 years or less

BLACK INK, INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BLACK INK, INC.

Borrower Address

91 APPLEGATE ST

Borrower City

RED BANK

Borrower State

NJ

Borrower Zip

07701-5503

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40527.00

Current Approval Amount

40527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RED BANK

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-5503

CD

NJ-04

Jobs Reported

2

NAICS Code

711510

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40527.00

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

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40931.16

Forgiveness Date

05/05/2021

;