PPP Loan information for Bobshed inc.

$50,462

Bobshed inc. was initially approved for PPP Loan of amount $40,462, the current approved amount is $50,462. The loan was approved on 05/08/2020 by The Valley National Bank reported 20 jobs and $50,462 was used to fund payroll.

Bobshed inc. is Existing or more than 2 years old

BOBSHED INC.

Date Approved

05/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BOBSHED INC.

Borrower Address

455 Broad Street

Borrower City

Shrewsbury

Borrower State

NJ

Borrower Zip

07702

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40462.00

Current Approval Amount

50462.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shrewsbury

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07702-0001

CD

NJ-04

Jobs Reported

20

NAICS Code

611620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40462.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50954.00

Forgiveness Date

04/29/2021

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