PPP Loan information for Drain busters inc

$175,463

Drain busters inc was initially approved for PPP Loan of amount $175,462, the current approved amount is $175,463. The loan was approved on 04/27/2020 by The Bogota Savings Bank reported 14 jobs and $175,463 was used to fund payroll.

Drain busters inc is Existing or more than 2 years old

DRAIN BUSTERS INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DRAIN BUSTERS INC

Borrower Address

123 Dale Ave

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07501

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175462.00

Current Approval Amount

175463.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84508

Servicing Lender Name

Bogota Savings Bank

Servicing Lender Address

819 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07501-1000

CD

NJ-09

Jobs Reported

14

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175463.00

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

84508

Originating Lender

Bogota Savings Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176861.83

Forgiveness Date

02/19/2021

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