PPP Loan information for Jer-ad industries inc

$302,120

Jer-ad industries inc was initially approved for PPP Loan of amount $302,120, the current approved amount is $302,120. The loan was approved on 04/14/2021 by The Lakeland Bank reported 30 jobs and $302,120 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

04/14/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

JER-AD INDUSTRIES INC

Borrower Address

107 Essex St

Borrower City

Maywood

Borrower State

NJ

Borrower Zip

07607-1853

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302120.00

Current Approval Amount

302120.00

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

07607-1853

CD

NJ-09

Jobs Reported

30

NAICS Code

811192

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

302117.00

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

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

303404.01

Forgiveness Date

09/24/2021

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