PPP Loan information for Lum, drasco & positan llc

$613,000

Lum, drasco & positan llc was initially approved for PPP Loan of amount $613,000, the current approved amount is $613,000. The loan was approved on 04/14/2020 by The Valley National Bank reported 31 jobs and $613,000 was used to fund payroll.

Lum, drasco & positan llc is Existing or more than 2 years old

PPP Loan Search / NJ / ROSELAND / Lum, drasco & positan llc

LUM, DRASCO & POSITAN LLC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LUM, DRASCO & POSITAN LLC

Borrower Address

103 Eisenhower Pkwy Ste. 401

Borrower City

ROSELAND

Borrower State

NJ

Borrower Zip

07068

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

613000.00

Current Approval Amount

613000.00

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

ROSELAND

Project County Name

ESSEX

Project State

NJ

Project Zip

07068-0001

CD

NJ-11

Jobs Reported

31

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

613000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

616933.42

Forgiveness Date

12/10/2020

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