PPP Loan information for Fedco steel corp.

$372,740

Fedco steel corp. was initially approved for PPP Loan of amount $372,740, the current approved amount is $372,740. The loan was approved on 02/24/2021 by The Spencer Savings Bank, SLA reported 26 jobs and $372,740 was used to fund payroll.

Fedco steel corp. is Existing or more than 2 years old

PPP Loan Search / NJ / harrison / Fedco steel corp.

FEDCO STEEL CORP.

Date Approved

02/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FEDCO STEEL CORP.

Borrower Address

785 harrison ave

Borrower City

harrison

Borrower State

NJ

Borrower Zip

07029

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372740.00

Current Approval Amount

372740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

harrison

Project County Name

HUDSON

Project State

NJ

Project Zip

07029

CD

NJ-08

Jobs Reported

26

NAICS Code

331221

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372740.00

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

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

375630.01

Forgiveness Date

12/07/2021

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