PPP Loan information for Farrell equipment & controls, inc.

$532,667

Farrell equipment & controls, inc. was initially approved for PPP Loan of amount $532,667, the current approved amount is $532,667. The loan was approved on 04/09/2020 by The Valley National Bank reported 27 jobs and $532,667 was used to fund payroll.

Farrell equipment & controls, inc. is Existing or more than 2 years old

FARRELL EQUIPMENT & CONTROLS, INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FARRELL EQUIPMENT & CONTROLS, INC.

Borrower Address

263 COX ST

Borrower City

ROSELLE

Borrower State

NJ

Borrower Zip

07203-1703

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

532667.00

Current Approval Amount

532667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROSELLE

Project County Name

UNION

Project State

NJ

Project Zip

07203-1703

CD

NJ-10

Jobs Reported

27

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

532667.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

536706.39

Forgiveness Date

01/19/2021

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