PPP Loan information for Folgore mobile welding inc

$1,272,150

Folgore mobile welding inc was initially approved for PPP Loan of amount $1,272,150, the current approved amount is $1,272,150. The loan was approved on 02/10/2021 by The Santander Bank, National Association reported 43 jobs and $1,272,150 was used to fund payroll.

Folgore mobile welding inc is Existing or more than 2 years old

PPP Loan Search / NJ / Carteret / Folgore mobile welding inc

FOLGORE MOBILE WELDING INC

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FOLGORE MOBILE WELDING INC

Borrower Address

526 Roosevelt Ave

Borrower City

Carteret

Borrower State

NJ

Borrower Zip

07008-3017

Loan Status Date

04/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1272150.00

Current Approval Amount

1272150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carteret

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07008-3017

CD

NJ-06

Jobs Reported

43

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1272150.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1298778.02

Forgiveness Date

03/23/2023

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