PPP Loan information for Express distributors inc.

$260,100

Express distributors inc. was initially approved for PPP Loan of amount $260,100, the current approved amount is $260,100. The loan was approved on 04/28/2020 by The Cathay Bank reported 35 jobs and $260,100 was used to fund payroll.

Express distributors inc. is Existing or more than 2 years old

PPP Loan Search / NJ / PASSAIC / Express distributors inc.

EXPRESS DISTRIBUTORS INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EXPRESS DISTRIBUTORS INC.

Borrower Address

153 LINDEN ST

Borrower City

PASSAIC

Borrower State

NJ

Borrower Zip

07055-2127

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260100.00

Current Approval Amount

260100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PASSAIC

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-2127

CD

NJ-09

Jobs Reported

35

NAICS Code

541614

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260100.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262843.52

Forgiveness Date

05/25/2021

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