PPP Loan information for Cognac systems inc.

$109,176

Cognac systems inc. was initially approved for PPP Loan of amount $109,176, the current approved amount is $109,176. The loan was approved on 01/22/2021 by The Cross River Bank reported 24 jobs and $109,176 was used to fund payroll.

Cognac systems inc. is Existing or more than 2 years old

COGNAC SYSTEMS INC.

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

COGNAC SYSTEMS INC.

Borrower Address

24 Bridge St Bldg B

Borrower City

Metuchen

Borrower State

NJ

Borrower Zip

08840-2276

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109176.00

Current Approval Amount

109176.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metuchen

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08840-2276

CD

NJ-06

Jobs Reported

24

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

109176.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109771.23

Forgiveness Date

08/24/2021

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