PPP Loan information for Commonwealth trucking

$69,495

Commonwealth trucking was initially approved for PPP Loan of amount $69,495, the current approved amount is $69,495. The loan was approved on 04/14/2020 by The Valley National Bank reported 5 jobs and $69,495 was used to fund payroll.

Commonwealth trucking is Existing or more than 2 years old

COMMONWEALTH TRUCKING

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COMMONWEALTH TRUCKING

Borrower Address

22 cable drive

Borrower City

KEARNY

Borrower State

NJ

Borrower Zip

07032

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69495.00

Current Approval Amount

69495.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KEARNY

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-0001

CD

NJ-09

Jobs Reported

5

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69495.00

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

70091.50

Forgiveness Date

02/25/2021

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