PPP Loan information for Herbert lutz and co. inc.

$316,000

Herbert lutz and co. inc. was initially approved for PPP Loan of amount $349,000, the current approved amount is $316,000. The loan was approved on 04/10/2020 by The Paradise Bank reported 27 jobs and $316,000 was used to fund payroll.

Herbert lutz and co. inc. is Existing or more than 2 years old

PPP Loan Search / NJ / LINDEN / Herbert lutz and co. inc.

HERBERT LUTZ AND CO. INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HERBERT LUTZ AND CO. INC.

Borrower Address

2020 CLINTON ST

Borrower City

LINDEN

Borrower State

NJ

Borrower Zip

07036-3452

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349000.00

Current Approval Amount

316000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434144

Servicing Lender Name

Paradise Bank

Servicing Lender Address

2420 N Federal Hwy

Servicing Lender City

BOCA RATON

Servicing Lender State

FL

Servicing Lender Zip

33431-7714

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINDEN

Project County Name

UNION

Project State

NJ

Project Zip

07036-3452

CD

NJ-07

Jobs Reported

27

NAICS Code

486910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232000.00

Mortgage Interest Proceed

0.00

Rent Proceed

84000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434144

Originating Lender

Paradise Bank

Originating Lender City

BOCA RATON

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

318949.33

Forgiveness Date

03/18/2021

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