PPP Loan information for Farm-rite, inc.

$609,600

Farm-rite, inc. was initially approved for PPP Loan of amount $609,600, the current approved amount is $609,600. The loan was approved on 04/10/2020 by The Truist Bank reported 45 jobs and $609,600 was used to fund payroll.

Farm-rite, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / BRIDGETON / Farm-rite, inc.

FARM-RITE, INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FARM-RITE, INC.

Borrower Address

122 OLD COHANSEY RD

Borrower City

BRIDGETON

Borrower State

NJ

Borrower Zip

08302-6761

Loan Status Date

09/25/2021

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

609600.00

Current Approval Amount

609600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGETON

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08302-6761

CD

NJ-02

Jobs Reported

45

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

609600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;