PPP Loan information for Economic concepts, inc.

$76,700

Economic concepts, inc. was initially approved for PPP Loan of amount $76,700, the current approved amount is $76,700. The loan was approved on 04/27/2020 by The The Bancorp Bank National Association reported 5 jobs and $76,700 was used to fund payroll.

Economic concepts, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Annandale / Economic concepts, inc.

ECONOMIC CONCEPTS, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ECONOMIC CONCEPTS, INC.

Borrower Address

PO Box 584

Borrower City

Annandale

Borrower State

NJ

Borrower Zip

08801-0584

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76700.00

Current Approval Amount

76700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Annandale

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08801-0584

CD

NJ-07

Jobs Reported

5

NAICS Code

525990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76700.00

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

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77183.64

Forgiveness Date

12/21/2020

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