PPP Loan information for Classic confections enterprises inc

$115,000

Classic confections enterprises inc was initially approved for PPP Loan of amount $115,000, the current approved amount is $115,000. The loan was approved on 03/12/2021 by The Valley National Bank reported 15 jobs and $115,000 was used to fund payroll.

Classic confections enterprises inc is Existing or more than 2 years old

CLASSIC CONFECTIONS ENTERPRISES INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CLASSIC CONFECTIONS ENTERPRISES INC

Borrower Address

1745 Elizabeth Ave

Borrower City

Rahway

Borrower State

NJ

Borrower Zip

07065-4532

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115000.00

Current Approval Amount

115000.00

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

Rahway

Project County Name

UNION

Project State

NJ

Project Zip

07065-4532

CD

NJ-07

Jobs Reported

15

NAICS Code

424490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115000.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116523.75

Forgiveness Date

07/06/2022

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