PPP Loan information for Excel hobby blades corp

$201,255

Excel hobby blades corp was initially approved for PPP Loan of amount $201,255, the current approved amount is $201,255. The loan was approved on 04/10/2021 by The Valley National Bank reported 29 jobs and $201,255 was used to fund payroll.

Excel hobby blades corp is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Excel hobby blades corp

EXCEL HOBBY BLADES CORP

Date Approved

04/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EXCEL HOBBY BLADES CORP

Borrower Address

481 Getty Ave

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07503-1313

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201255.00

Current Approval Amount

201255.00

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

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

07503-1313

CD

NJ-09

Jobs Reported

29

NAICS Code

339940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

201250.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203737.14

Forgiveness Date

07/05/2022

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