PPP Loan information for Carpet cycle llc

$275,000

Carpet cycle llc was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 34 jobs and $275,000 was used to fund payroll.

Carpet cycle llc is Existing or more than 2 years old

CARPET CYCLE LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CARPET CYCLE LLC

Borrower Address

360 West 1st Ave

Borrower City

Roselle

Borrower State

NJ

Borrower Zip

07203

Loan Status Date

02/19/2022

Loan Status

Charged Off

Term

27

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roselle

Project County Name

UNION

Project State

NJ

Project Zip

07203-0001

CD

NJ-10

Jobs Reported

34

NAICS Code

561740

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;