PPP Loan information for Construction & marine equipment co.

$463,882

Construction & marine equipment co. was initially approved for PPP Loan of amount $463,882, the current approved amount is $463,882. The loan was approved on 03/13/2021 by The Valley National Bank reported 20 jobs and $463,882 was used to fund payroll.

Construction & marine equipment co. is Existing or more than 2 years old

CONSTRUCTION & MARINE EQUIPMENT CO.

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CONSTRUCTION & MARINE EQUIPMENT CO.

Borrower Address

330 S Front St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07202-3009

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

463882.00

Current Approval Amount

463882.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07202-3009

CD

NJ-08

Jobs Reported

20

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

463882.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

466729.72

Forgiveness Date

10/25/2021

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