Date Approved
02/10/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
EDRAS GROUP CORPORATION
Borrower Address
12 Railroad Pl
Borrower City
Belleville
Borrower State
NJ
Borrower Zip
07109-3413
Loan Status Date
02/23/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
138700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
432941
Servicing Lender Name
ConnectOne Bank
Servicing Lender Address
301 Sylvan Ave
Servicing Lender City
ENGLEWOOD CLIFFS
Servicing Lender State
Servicing Lender Zip
07632-2539
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
CD
NJ-11
Jobs Reported
4
NAICS Code
236115
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
138699.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
140002.24
Forgiveness Date
01/21/2022