PPP Loan information for Ferraro research & development inc

$46,834

Ferraro research & development inc was initially approved for PPP Loan of amount $46,834, the current approved amount is $46,834. The loan was approved on 04/15/2020 by The OceanFirst Bank, National Association reported 8 jobs and $46,834 was used to fund payroll.

Ferraro research & development inc is New Business or 2 years or less

FERRARO RESEARCH & DEVELOPMENT INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FERRARO RESEARCH & DEVELOPMENT INC

Borrower Address

301 CHAPEL HILL ROAD

Borrower City

ATLANTIC HIGHLANDS

Borrower State

NJ

Borrower Zip

07716

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46834.00

Current Approval Amount

46834.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ATLANTIC HIGHLANDS

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07716-0001

CD

NJ-06

Jobs Reported

8

NAICS Code

212299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46834.00

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47086.38

Forgiveness Date

11/05/2020

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