PPP Loan information for Delric construction co inc

$1,348,037

Delric construction co inc was initially approved for PPP Loan of amount $1,348,037, the current approved amount is $1,348,037. The loan was approved on 03/12/2021 by The Valley National Bank reported 56 jobs and $1,348,037 was used to fund payroll.

Delric construction co inc is Existing or more than 2 years old

DELRIC CONSTRUCTION CO INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DELRIC CONSTRUCTION CO INC

Borrower Address

845 Belmont Ave

Borrower City

North Haledon

Borrower State

NJ

Borrower Zip

07508-2358

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1348037.00

Current Approval Amount

1348037.00

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

North Haledon

Project County Name

PASSAIC

Project State

NJ

Project Zip

07508-2358

CD

NJ-09

Jobs Reported

56

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1348035.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1354664.85

Forgiveness Date

09/10/2021

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