PPP Loan information for Blanc industries

$604,400

Blanc industries was initially approved for PPP Loan of amount $604,400, the current approved amount is $604,400. The loan was approved on 04/29/2020 by The Fulton Bank, National Association reported 41 jobs and $604,400 was used to fund payroll.

Blanc industries is Existing or more than 2 years old

BLANC INDUSTRIES

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BLANC INDUSTRIES

Borrower Address

88 King Street

Borrower City

Dover

Borrower State

NJ

Borrower Zip

07801

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

604400.00

Current Approval Amount

604400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

MORRIS

Project State

NJ

Project Zip

07801-1600

CD

NJ-11

Jobs Reported

41

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75550.00

Payroll Proceed

453300.00

Mortgage Interest Proceed

0.00

Rent Proceed

75550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

609688.50

Forgiveness Date

03/11/2021

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