PPP Loan information for Fundamentals inc

$109,900

Fundamentals inc was initially approved for PPP Loan of amount $109,900, the current approved amount is $109,900. The loan was approved on 04/08/2020 by The The Richwood Banking Company reported 24 jobs and $109,900 was used to fund payroll.

Fundamentals inc is Existing or more than 2 years old

FUNDAMENTALS INC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FUNDAMENTALS INC

Borrower Address

450 US HIGHWAY 1 AND 9

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07114-2220

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109900.00

Current Approval Amount

109900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58129

Servicing Lender Name

The Richwood Banking Company

Servicing Lender Address

24 E Blagrove St

Servicing Lender City

RICHWOOD

Servicing Lender State

OH

Servicing Lender Zip

43344-1009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-2220

CD

NJ-10

Jobs Reported

24

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

109900.00

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

58129

Originating Lender

The Richwood Banking Company

Originating Lender City

RICHWOOD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100581.51

Forgiveness Date

12/16/2020

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