PPP Loan information for Fedco steel corp.

$450,058

Fedco steel corp. was initially approved for PPP Loan of amount $450,058, the current approved amount is $450,058. The loan was approved on 04/27/2020 by The Spencer Savings Bank, SLA reported 32 jobs and $450,058 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

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FEDCO STEEL CORP.

Borrower Address

785 Harrison Avenue

Borrower City

Harrison

Borrower State

NJ

Borrower Zip

07029

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450057.50

Current Approval Amount

450057.50

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

N

Business Age Description

Existing or more than 2 years old

Project City

Harrison

Project County Name

HUDSON

Project State

NJ

Project Zip

07029-0001

CD

NJ-08

Jobs Reported

32

NAICS Code

331221

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450057.50

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

453457.93

Forgiveness Date

02/01/2021

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