PPP Loan information for Budd van lines inc.

$2,000,000

Budd van lines inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/19/2021 by The ConnectOne Bank reported 203 jobs and $2,000,000 was used to fund payroll.

Budd van lines inc. is Existing or more than 2 years old

BUDD VAN LINES INC.

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

2000000.00

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

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1213

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

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2024777.78

Forgiveness Date

05/20/2022

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