PPP Loan information for Coronet inc

$2,304,395

Coronet inc was initially approved for PPP Loan of amount $2,304,395, the current approved amount is $2,304,395. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 254 jobs and $2,304,395 was used to fund payroll.

Coronet inc is Existing or more than 2 years old

CORONET INC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CORONET INC

Borrower Address

55 Shepherds Lane 0.0

Borrower City

Totowa

Borrower State

NJ

Borrower Zip

07512-2130

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2304395.00

Current Approval Amount

2304395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Totowa

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-2130

CD

NJ-11

Jobs Reported

254

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

41596.00

Payroll Proceed

1592350.00

Mortgage Interest Proceed

0.00

Rent Proceed

215427.00

Refinance EIDL Proceed

0.00

Health Care Proceed

362856.00

Debt Interest Proceed

92166

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2333564.80

Forgiveness Date

07/20/2021

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