PPP Loan information for Magdy basta md

$40,000

Magdy basta md was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 05/11/2020 by The Valley National Bank reported 4 jobs and $40,000 was used to fund payroll.

Magdy basta md is Existing or more than 2 years old

PPP Loan Search / NJ / Clifton / Magdy basta md

MAGDY BASTA MD

Date Approved

05/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGDY BASTA MD

Borrower Address

1035 Route 46 East G 01

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07013

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

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

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07013-1000

CD

NJ-09

Jobs Reported

4

NAICS Code

621391

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40301.11

Forgiveness Date

02/09/2021

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