PPP Loan information for Cypreco industries inc

$127,287

Cypreco industries inc was initially approved for PPP Loan of amount $128,015, the current approved amount is $127,287. The loan was approved on 04/28/2020 by The Mid Penn Bank reported 16 jobs and $127,287 was used to fund payroll.

Cypreco industries inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEPTUNE / Cypreco industries inc

CYPRECO INDUSTRIES INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CYPRECO INDUSTRIES INC

Borrower Address

1420 9th Avenue

Borrower City

NEPTUNE

Borrower State

NJ

Borrower Zip

07753-4926

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128015.00

Current Approval Amount

127287.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEPTUNE

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07753-4926

CD

NJ-06

Jobs Reported

16

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127287.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

128340.65

Forgiveness Date

03/03/2021

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