PPP Loan information for Borelli steel fabricators, llc

$239,513

Borelli steel fabricators, llc was initially approved for PPP Loan of amount $239,513, the current approved amount is $239,513. The loan was approved on 04/09/2020 by The OceanFirst Bank, National Association reported 19 jobs and $239,513 was used to fund payroll.

Borelli steel fabricators, llc is Existing or more than 2 years old

BORELLI STEEL FABRICATORS, LLC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BORELLI STEEL FABRICATORS, LLC

Borrower Address

2800 Industrial Way

Borrower City

VINELAND

Borrower State

NJ

Borrower Zip

08360-1514

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239513.17

Current Approval Amount

239513.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINELAND

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-1514

CD

NJ-02

Jobs Reported

19

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

239513.17

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

Limited Liability Company(LLC)

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

240850.45

Forgiveness Date

11/05/2020

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