PPP Loan information for Encoretech inc

$438,230

Encoretech inc was initially approved for PPP Loan of amount $438,230, the current approved amount is $438,230. The loan was approved on 03/08/2021 by The Valley National Bank reported 35 jobs and $438,230 was used to fund payroll.

Encoretech inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lebanon / Encoretech inc

ENCORETECH INC

Date Approved

03/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ENCORETECH INC

Borrower Address

8 Tamarack Trl

Borrower City

Lebanon

Borrower State

NJ

Borrower Zip

08833-5008

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

438230.00

Current Approval Amount

438230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lebanon

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08833-5008

CD

NJ-07

Jobs Reported

35

NAICS Code

611420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

438225.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

441285.44

Forgiveness Date

11/16/2021

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