PPP Loan information for Falstrom company, inc.

$1,695,115

Falstrom company, inc. was initially approved for PPP Loan of amount $1,695,115, the current approved amount is $1,695,115. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 108 jobs and $1,695,115 was used to fund payroll.

Falstrom company, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Passaic / Falstrom company, inc.

FALSTROM COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FALSTROM COMPANY, INC.

Borrower Address

1 Falstrom Court

Borrower City

Passaic

Borrower State

NJ

Borrower Zip

07055

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1695115.00

Current Approval Amount

1695115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

07055-0001

CD

NJ-09

Jobs Reported

108

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1695115.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1713970.25

Forgiveness Date

06/15/2021

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