PPP Loan information for Consolidated sewing machine corporation

$353,152

Consolidated sewing machine corporation was initially approved for PPP Loan of amount $353,152, the current approved amount is $353,152. The loan was approved on 04/13/2020 by The Valley National Bank reported 23 jobs and $353,152 was used to fund payroll.

Consolidated sewing machine corporation is Existing or more than 2 years old

CONSOLIDATED SEWING MACHINE CORPORATION

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CONSOLIDATED SEWING MACHINE CORPORATION

Borrower Address

400 Veterans Blvd.

Borrower City

CARLSTADT

Borrower State

NJ

Borrower Zip

07072

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353152.00

Current Approval Amount

353152.00

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

CARLSTADT

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-0001

CD

NJ-09

Jobs Reported

23

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

353152.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

356310.75

Forgiveness Date

03/09/2021

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