PPP Loan information for Merwin & paolazzi insurance agency inc

$183,972

Merwin & paolazzi insurance agency inc was initially approved for PPP Loan of amount $183,972, the current approved amount is $183,972. The loan was approved on 04/15/2020 by The Valley National Bank reported 11 jobs and $183,972 was used to fund payroll.

Merwin & paolazzi insurance agency inc is Existing or more than 2 years old

MERWIN & PAOLAZZI INSURANCE AGENCY INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERWIN & PAOLAZZI INSURANCE AGENCY INC

Borrower Address

155 PARK AVENUE

Borrower City

LYNDHURST

Borrower State

NJ

Borrower Zip

07071

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183972.00

Current Approval Amount

183972.00

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

LYNDHURST

Project County Name

BERGEN

Project State

NJ

Project Zip

07071-0001

CD

NJ-09

Jobs Reported

11

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183972.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185653.30

Forgiveness Date

03/18/2021

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