PPP Loan information for Jer-ad industries, inc.

$302,123

Jer-ad industries, inc. was initially approved for PPP Loan of amount $302,123, the current approved amount is $302,123. The loan was approved on 04/16/2020 by The Lakeland Bank reported 23 jobs and $302,123 was used to fund payroll.

Jer-ad industries, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / MAYWOOD / Jer-ad industries, inc.

JER-AD INDUSTRIES, INC.

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JER-AD INDUSTRIES, INC.

Borrower Address

107 Esses Street

Borrower City

MAYWOOD

Borrower State

NJ

Borrower Zip

07607

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302122.67

Current Approval Amount

302122.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAYWOOD

Project County Name

BERGEN

Project State

NJ

Project Zip

07607-0030

CD

NJ-09

Jobs Reported

23

NAICS Code

811192

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

302122.67

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

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

304010.94

Forgiveness Date

12/09/2020

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