PPP Loan information for National routing & distribution, inc.

$169,412

National routing & distribution, inc. was initially approved for PPP Loan of amount $169,412, the current approved amount is $169,412. The loan was approved on 04/13/2020 by The Valley National Bank reported 20 jobs and $169,412 was used to fund payroll.

National routing & distribution, inc. is New Business or 2 years or less

NATIONAL ROUTING & DISTRIBUTION, INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NATIONAL ROUTING & DISTRIBUTION, INC.

Borrower Address

641 Dowd Ave

Borrower City

ELIZABETH

Borrower State

NJ

Borrower Zip

07201-2116

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

169412.00

Current Approval Amount

169412.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ELIZABETH

Project County Name

UNION

Project State

NJ

Project Zip

07201-2116

CD

NJ-08

Jobs Reported

20

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

169412.00

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

Subchapter S 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

170969.65

Forgiveness Date

03/18/2021

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