PPP Loan information for Down-neck equipment rentals inc

$237,930

Down-neck equipment rentals inc was initially approved for PPP Loan of amount $237,930, the current approved amount is $237,930. The loan was approved on 01/30/2021 by The Santander Bank, National Association reported 24 jobs and $237,930 was used to fund payroll.

Down-neck equipment rentals inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Down-neck equipment rentals inc

DOWN-NECK EQUIPMENT RENTALS INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DOWN-NECK EQUIPMENT RENTALS INC

Borrower Address

192 Clifford St # 222

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-1903

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

237930.00

Current Approval Amount

237930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-1903

CD

NJ-08

Jobs Reported

24

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

237927.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182804.96

Forgiveness Date

04/11/2022

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