PPP Loan information for Library update inc.

$72,500

Library update inc. was initially approved for PPP Loan of amount $79,800, the current approved amount is $72,500. The loan was approved on 04/09/2020 by The ConnectOne Bank reported 16 jobs and $72,500 was used to fund payroll.

Library update inc. is Existing or more than 2 years old

LIBRARY UPDATE INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LIBRARY UPDATE INC.

Borrower Address

322 Terrace Avenue

Borrower City

HASBROUCK HEIGHTS

Borrower State

NJ

Borrower Zip

07604-2012

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79800.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASBROUCK HEIGHTS

Project County Name

BERGEN

Project State

NJ

Project Zip

07604-2012

CD

NJ-09

Jobs Reported

16

NAICS Code

519120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73438.47

Forgiveness Date

08/09/2021

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