PPP Loan information for Federal credit union

$1,160,488

Federal credit union was initially approved for PPP Loan of amount $1,160,488, the current approved amount is $1,160,488. The loan was approved on 05/19/2020 by The Cross River Bank reported 21 jobs and $1,160,488 was used to fund payroll.

Federal credit union is New Business or 2 years or less

FEDERAL CREDIT UNION

Date Approved

05/19/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FEDERAL CREDIT UNION

Borrower Address

24 Shark River Road

Borrower City

Tinton Falls

Borrower State

NJ

Borrower Zip

07753

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1160488.00

Current Approval Amount

1160488.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Tinton Falls

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07753-1269

CD

NJ-06

Jobs Reported

21

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1160488.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;