PPP Loan information for Local 863 welfare fund

$111,354

Local 863 welfare fund was initially approved for PPP Loan of amount $111,354, the current approved amount is $111,354. The loan was approved on 08/08/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $111,354 was used to fund payroll.

Local 863 welfare fund is Existing or more than 2 years old

LOCAL 863 WELFARE FUND

Date Approved

08/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LOCAL 863 WELFARE FUND

Borrower Address

209 SUMMIT ROAD

Borrower City

MOUNTAINSIDE

Borrower State

NJ

Borrower Zip

07092-2304

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111354.00

Current Approval Amount

111354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAINSIDE

Project County Name

UNION

Project State

NJ

Project Zip

07092-2304

CD

NJ-07

Jobs Reported

6

NAICS Code

525190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111354.00

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

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

112324.15

Forgiveness Date

06/25/2021

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