PPP Loan information for Herbert lutz and co inc

$361,222

Herbert lutz and co inc was initially approved for PPP Loan of amount $361,222, the current approved amount is $361,222. The loan was approved on 02/22/2021 by The Paradise Bank reported 27 jobs and $361,222 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

02/22/2021

SBA Office Code

0299

Processing Method

PPS

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

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

361222.00

Current Approval Amount

361222.00

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

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

361220.00

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

434144

Originating Lender

Paradise Bank

Originating Lender City

BOCA RATON

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

363921.13

Forgiveness Date

11/19/2021

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