PPP Loan information for Express distributors inc

$260,035

Express distributors inc was initially approved for PPP Loan of amount $260,035, the current approved amount is $260,035. The loan was approved on 02/26/2021 by The Cathay Bank reported 29 jobs and $260,035 was used to fund payroll.

Express distributors inc is Existing or more than 2 years old

EXPRESS DISTRIBUTORS INC

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EXPRESS DISTRIBUTORS INC

Borrower Address

169 Pulaski St

Borrower City

Bayonne

Borrower State

NJ

Borrower Zip

07002-5003

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260035.00

Current Approval Amount

260035.00

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

Bayonne

Project County Name

HUDSON

Project State

NJ

Project Zip

07002-5003

CD

NJ-08

Jobs Reported

29

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

260030.00

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

261880.18

Forgiveness Date

11/16/2021

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