PPP Loan information for De saussure equipment co inc

$398,945

De saussure equipment co inc was initially approved for PPP Loan of amount $398,945, the current approved amount is $398,945. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 31 jobs and $398,945 was used to fund payroll.

De saussure equipment co inc is New Business or 2 years or less

PPP Loan Search / NJ / MAYWOOD / De saussure equipment co inc

DE SAUSSURE EQUIPMENT CO INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DE SAUSSURE EQUIPMENT CO INC

Borrower Address

23 W HOWCROFT RD

Borrower City

MAYWOOD

Borrower State

NJ

Borrower Zip

07607-1022

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398945.00

Current Approval Amount

398945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAYWOOD

Project County Name

BERGEN

Project State

NJ

Project Zip

07607-1022

CD

NJ-09

Jobs Reported

31

NAICS Code

337124

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

398945.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403174.91

Forgiveness Date

05/27/2021

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