PPP Loan information for Derex technologies inc

$371,495

Derex technologies inc was initially approved for PPP Loan of amount $371,495, the current approved amount is $371,495. The loan was approved on 02/22/2021 by The PNC Bank, National Association reported 20 jobs and $371,495 was used to fund payroll.

Derex technologies inc is Existing or more than 2 years old

PPP Loan Search / NJ / Harrison / Derex technologies inc

DEREX TECHNOLOGIES INC

Date Approved

02/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DEREX TECHNOLOGIES INC

Borrower Address

111 Frank E Rodgers Blvd S 111 Frank E Rodgers Blvd S

Borrower City

Harrison

Borrower State

NJ

Borrower Zip

07029-1760

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

371495.00

Current Approval Amount

371495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Harrison

Project County Name

HUDSON

Project State

NJ

Project Zip

07029-1760

CD

NJ-08

Jobs Reported

20

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

371492.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

374456.64

Forgiveness Date

12/10/2021

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