PPP Loan information for Independent overhead door co inc

$407,000

Independent overhead door co inc was initially approved for PPP Loan of amount $407,000, the current approved amount is $407,000. The loan was approved on 02/04/2021 by The Bank of America, National Association reported 30 jobs and $407,000 was used to fund payroll.

Independent overhead door co inc is Existing or more than 2 years old

INDEPENDENT OVERHEAD DOOR CO INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

INDEPENDENT OVERHEAD DOOR CO INC

Borrower Address

176 US HWY RT 206

Borrower City

HILLSBOROUGH

Borrower State

NJ

Borrower Zip

08844

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

407000.00

Current Approval Amount

407000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBOROUGH

Project County Name

SOMERSET

Project State

NJ

Project Zip

08844

CD

NJ-07

Jobs Reported

30

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

406997.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

411014.25

Forgiveness Date

02/03/2022

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