PPP Loan information for Generation iii inc

$132,990

Generation iii inc was initially approved for PPP Loan of amount $132,990, the current approved amount is $132,990. The loan was approved on 04/27/2020 by The Valley National Bank reported 15 jobs and $132,990 was used to fund payroll.

Generation iii inc is Existing or more than 2 years old

GENERATION III INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GENERATION III INC

Borrower Address

30 W Prospect St

Borrower City

Waldwick

Borrower State

NJ

Borrower Zip

07463

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132990.00

Current Approval Amount

132990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waldwick

Project County Name

BERGEN

Project State

NJ

Project Zip

07463-0001

CD

NJ-05

Jobs Reported

15

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

132990.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134246.02

Forgiveness Date

04/08/2021

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