PPP Loan information for Hanover warehouse

$1,021,857

Hanover warehouse was initially approved for PPP Loan of amount $1,021,857, the current approved amount is $1,021,857. The loan was approved on 04/13/2020 by The Valley National Bank reported 95 jobs and $1,021,857 was used to fund payroll.

Hanover warehouse is Existing or more than 2 years old

HANOVER WAREHOUSE

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HANOVER WAREHOUSE

Borrower Address

17 Cable Dr

Borrower City

KEARNY

Borrower State

NJ

Borrower Zip

07032-6503

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1021857.00

Current Approval Amount

1021857.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KEARNY

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-6503

CD

NJ-08

Jobs Reported

95

NAICS Code

493110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1021857.00

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

1028811.30

Forgiveness Date

12/22/2020

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