PPP Loan information for Budd van lines inc

$2,901,400

Budd van lines inc was initially approved for PPP Loan of amount $4,562,400, the current approved amount is $2,901,400. The loan was approved on 04/12/2020 by The ConnectOne Bank reported 320 jobs and $2,901,400 was used to fund payroll.

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

PPP Loan Search / NJ / SOMERSET / Budd van lines inc

BUDD VAN LINES INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BUDD VAN LINES INC

Borrower Address

24 School House Rd

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4562400.00

Current Approval Amount

2901400.00

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

08873-1000

CD

NJ-12

Jobs Reported

320

NAICS Code

484210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2901400.00

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

2938715.23

Forgiveness Date

08/05/2021

;