PPP Loan information for Engineering resource group inc

$1,503,490

Engineering resource group inc was initially approved for PPP Loan of amount $1,503,490, the current approved amount is $1,503,490. The loan was approved on 01/28/2021 by The Valley National Bank reported 104 jobs and $1,503,490 was used to fund payroll.

Engineering resource group inc is Existing or more than 2 years old

PPP Loan Search / NJ / Morris Plains / Engineering resource group inc

ENGINEERING RESOURCE GROUP INC

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ENGINEERING RESOURCE GROUP INC

Borrower Address

101 Gibraltar Dr Ste 3B

Borrower City

Morris Plains

Borrower State

NJ

Borrower Zip

07950-1287

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1503490.00

Current Approval Amount

1503490.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morris Plains

Project County Name

MORRIS

Project State

NJ

Project Zip

07950-1287

CD

NJ-11

Jobs Reported

104

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1503489.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1515643.21

Forgiveness Date

11/22/2021

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