PPP Loan information for National routing & distribution inc

$152,887

National routing & distribution inc was initially approved for PPP Loan of amount $152,887, the current approved amount is $152,887. The loan was approved on 01/30/2021 by The Valley National Bank reported 21 jobs and $152,887 was used to fund payroll.

National routing & distribution inc is Existing or more than 2 years old

NATIONAL ROUTING & DISTRIBUTION INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NATIONAL ROUTING & DISTRIBUTION INC

Borrower Address

641 Dowd Ave

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-2116

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152887.00

Current Approval Amount

152887.00

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

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-2116

CD

NJ-08

Jobs Reported

21

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

152883.00

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

153902.00

Forgiveness Date

10/06/2021

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