PPP Loan information for Michael lyne state farm agency

$49,562

Michael lyne state farm agency was initially approved for PPP Loan of amount $49,562, the current approved amount is $49,562. The loan was approved on 04/14/2020 by The Valley National Bank reported 5 jobs and $49,562 was used to fund payroll.

Michael lyne state farm agency is Existing or more than 2 years old

MICHAEL LYNE STATE FARM AGENCY

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MICHAEL LYNE STATE FARM AGENCY

Borrower Address

472 Westfield Avenue

Borrower City

CLARK

Borrower State

NJ

Borrower Zip

07066

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49562.00

Current Approval Amount

49562.00

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

CLARK

Project County Name

UNION

Project State

NJ

Project Zip

07066-0700

CD

NJ-07

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49562.00

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

50053.49

Forgiveness Date

04/14/2021

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