PPP Loan information for Choice money transfer inc

$605,454

Choice money transfer inc was initially approved for PPP Loan of amount $605,454, the current approved amount is $605,454. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 61 jobs and $605,454 was used to fund payroll.

Choice money transfer inc is New Business or 2 years or less

CHOICE MONEY TRANSFER INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CHOICE MONEY TRANSFER INC

Borrower Address

560 Sylvan Ave

Borrower City

Englewood Cliffs

Borrower State

NJ

Borrower Zip

07632

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

605454.00

Current Approval Amount

605454.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Englewood Cliffs

Project County Name

BERGEN

Project State

NJ

Project Zip

07632-0001

CD

NJ-05

Jobs Reported

61

NAICS Code

525910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

605454.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

609202.84

Forgiveness Date

12/16/2020

;