PPP Loan information for Fortune metal group inc

$3,835,709

Fortune metal group inc was initially approved for PPP Loan of amount $3,835,709, the current approved amount is $3,835,709. The loan was approved on 04/27/2020 by The Cathay Bank reported 326 jobs and $3,835,709 was used to fund payroll.

Fortune metal group inc is Existing or more than 2 years old

FORTUNE METAL GROUP INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FORTUNE METAL GROUP INC

Borrower Address

900 LEESVILLE AVE

Borrower City

RAHWAY

Borrower State

NJ

Borrower Zip

07065-4828

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3835709.00

Current Approval Amount

3835709.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAHWAY

Project County Name

UNION

Project State

NJ

Project Zip

07065-4828

CD

NJ-07

Jobs Reported

326

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3835709.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3879110.31

Forgiveness Date

06/16/2021

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