PPP Loan information for Cba insert distribution system i

$867,500

Cba insert distribution system i was initially approved for PPP Loan of amount $867,500, the current approved amount is $867,500. The loan was approved on 03/04/2021 by The Valley National Bank reported 107 jobs and $867,500 was used to fund payroll.

Cba insert distribution system i is Existing or more than 2 years old

CBA INSERT DISTRIBUTION SYSTEM I

Date Approved

03/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CBA INSERT DISTRIBUTION SYSTEM I

Borrower Address

669 River Dr Fl 2

Borrower City

Elmwood Park

Borrower State

NJ

Borrower Zip

07407-1312

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

867500.00

Current Approval Amount

867500.00

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

07407-1312

CD

NJ-09

Jobs Reported

107

NAICS Code

511110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

867497.00

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

875500.28

Forgiveness Date

02/01/2022

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