Date Approved
02/19/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
BUDD VAN LINES INC.
Borrower Address
24 Schoolhouse Rd
Borrower City
Somerset
Borrower State
NJ
Borrower Zip
08873-1213
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2000000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
432941
Servicing Lender Name
ConnectOne Bank
Servicing Lender Address
301 Sylvan Ave
Servicing Lender City
ENGLEWOOD CLIFFS
Servicing Lender State
Servicing Lender Zip
07632-2539
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SOMERSET
Project State
Project Zip
CD
NJ-12
Jobs Reported
203
NAICS Code
484210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1999997.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
2024777.78
Forgiveness Date
05/20/2022