PPP Loan information for Cord contracting co inc

$2,000,000

Cord contracting co inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/26/2021 by The Valley National Bank reported 144 jobs and $2,000,000 was used to fund payroll.

Cord contracting co inc is Existing or more than 2 years old

CORD CONTRACTING CO INC

Date Approved

03/26/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

CORD CONTRACTING CO INC

Borrower Address

80 Crossways Park Dr Ste 300 Woodbury

Borrower City

Woodbury

Borrower State

NY

Borrower Zip

11797-2047

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Woodbury

Project County Name

NASSAU

Project State

NY

Project Zip

11797-2047

CD

NY-03

Jobs Reported

144

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1999998.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2017944.44

Forgiveness Date

02/16/2022

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