PPP Loan information for Octal corporation

$321,172

Octal corporation was initially approved for PPP Loan of amount $321,172, the current approved amount is $321,172. The loan was approved on 03/20/2021 by The JPMorgan Chase Bank, National Association reported 25 jobs and $321,172 was used to fund payroll.

Octal corporation is Existing or more than 2 years old

OCTAL CORPORATION

Date Approved

03/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OCTAL CORPORATION

Borrower Address

125 Galway Pl Ste B

Borrower City

Teaneck

Borrower State

NJ

Borrower Zip

07666-3633

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321172.00

Current Approval Amount

321172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Teaneck

Project County Name

BERGEN

Project State

NJ

Project Zip

07666-3633

CD

NJ-05

Jobs Reported

25

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

321167.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322177.45

Forgiveness Date

07/19/2021

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