PPP Loan information for Compass wire cloth & industria

$974,700

Compass wire cloth & industria was initially approved for PPP Loan of amount $974,700, the current approved amount is $974,700. The loan was approved on 04/07/2020 by The OceanFirst Bank, National Association reported 78 jobs and $974,700 was used to fund payroll.

Compass wire cloth & industria is Existing or more than 2 years old

COMPASS WIRE CLOTH & INDUSTRIA

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COMPASS WIRE CLOTH & INDUSTRIA

Borrower Address

1942 N MILL RD

Borrower City

VINELAND

Borrower State

NJ

Borrower Zip

08360-2030

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

974700.00

Current Approval Amount

974700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINELAND

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-2030

CD

NJ-02

Jobs Reported

78

NAICS Code

332618

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

974700.00

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

Subchapter S Corporation

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

987235.73

Forgiveness Date

07/21/2021

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