PPP Loan information for Gravity systems inc

$58,942

Gravity systems inc was initially approved for PPP Loan of amount $58,942, the current approved amount is $58,942. The loan was approved on 02/22/2021 by The Loan Source Incorporated reported 4 jobs and $58,942 was used to fund payroll.

Gravity systems inc is Existing or more than 2 years old

GRAVITY SYSTEMS INC

Date Approved

02/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

GRAVITY SYSTEMS INC

Borrower Address

150 Morristown Rd

Borrower City

Bernardsville

Borrower State

NJ

Borrower Zip

07924-2626

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58942.00

Current Approval Amount

58942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bernardsville

Project County Name

SOMERSET

Project State

NJ

Project Zip

07924-2626

CD

NJ-07

Jobs Reported

4

NAICS Code

423430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58941.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59326.33

Forgiveness Date

10/25/2021

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