PPP Loan information for Falstrom company inc.

$1,495,849

Falstrom company inc. was initially approved for PPP Loan of amount $1,495,849, the current approved amount is $1,495,849. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 101 jobs and $1,495,849 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

01/30/2021

SBA Office Code

0299

Processing Method

PPS

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

60

SBA Guaranty Percentage

100

Initial Approval Amount

1495849.00

Current Approval Amount

1495849.00

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

N

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

CD

NJ-09

Jobs Reported

101

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1495845.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1509659.99

Forgiveness Date

01/12/2022

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