PPP Loan information for Commerce management corporation

$77,800

Commerce management corporation was initially approved for PPP Loan of amount $77,800, the current approved amount is $77,800. The loan was approved on 05/18/2020 by The Loan Source Incorporated reported 8 jobs and $77,800 was used to fund payroll.

Commerce management corporation is Existing or more than 2 years old

COMMERCE MANAGEMENT CORPORATION

Date Approved

05/18/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COMMERCE MANAGEMENT CORPORATION

Borrower Address

374 Millburn Avenue 4th Floor

Borrower City

Millburn

Borrower State

NJ

Borrower Zip

07041

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77800.00

Current Approval Amount

77800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millburn

Project County Name

ESSEX

Project State

NJ

Project Zip

07041-0001

CD

NJ-11

Jobs Reported

8

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77800.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78441.58

Forgiveness Date

03/18/2021

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