PPP Loan information for Ferraras transmissions inc

$26,419

Ferraras transmissions inc was initially approved for PPP Loan of amount $26,419, the current approved amount is $26,419. The loan was approved on 04/11/2021 by The Cross River Bank reported 2 jobs and $26,419 was used to fund payroll.

Ferraras transmissions inc is Existing or more than 2 years old

FERRARAS TRANSMISSIONS INC

Date Approved

04/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FERRARAS TRANSMISSIONS INC

Borrower Address

10 Belleville Ave

Borrower City

Bloomfield

Borrower State

NJ

Borrower Zip

07003-5221

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26419.00

Current Approval Amount

26419.00

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

Existing or more than 2 years old

Project City

Bloomfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07003-5221

CD

NJ-11

Jobs Reported

2

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

26417.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26556.52

Forgiveness Date

10/25/2021

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