PPP Loan information for Karl alorbi

$13,330

Karl alorbi was initially approved for PPP Loan of amount $13,330, the current approved amount is $13,330. The loan was approved on 05/18/2021 by The Valley National Bank reported 1 jobs and $13,330 was used to fund payroll.

Karl alorbi is Existing or more than 2 years old

KARL ALORBI

Date Approved

05/18/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KARL ALORBI

Borrower Address

30 Westminster Dr

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054-4043

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13330.00

Current Approval Amount

13330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-4043

CD

NJ-11

Jobs Reported

1

NAICS Code

423450

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

13326.00

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

Sole Proprietorship

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13387.76

Forgiveness Date

11/05/2021

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