PPP Loan information for Cba industries inc

$1,707,500

Cba industries inc was initially approved for PPP Loan of amount $1,707,500, the current approved amount is $1,707,500. The loan was approved on 02/26/2021 by The Valley National Bank reported 148 jobs and $1,707,500 was used to fund payroll.

Cba industries inc is Existing or more than 2 years old

CBA INDUSTRIES INC

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CBA INDUSTRIES INC

Borrower Address

669 RIVER DRIVE CENTER 2 FL 2

Borrower City

ELMWOOD PARK

Borrower State

NJ

Borrower Zip

07407

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1707500.00

Current Approval Amount

1707500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMWOOD PARK

Project County Name

BERGEN

Project State

NJ

Project Zip

07407

CD

NJ-05

Jobs Reported

148

NAICS Code

511110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1707497.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1723199.51

Forgiveness Date

01/28/2022

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