PPP Loan information for Octal corporation

$354,242

Octal corporation was initially approved for PPP Loan of amount $354,242, the current approved amount is $354,242. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $354,242 was used to fund payroll.

Octal corporation is Existing or more than 2 years old

PPP Loan Search / NJ / TEANECK / Octal corporation

OCTAL CORPORATION

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCTAL CORPORATION

Borrower Address

125 Galway Pl, Unit B

Borrower City

TEANECK

Borrower State

NJ

Borrower Zip

07666

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354242.00

Current Approval Amount

354242.00

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

07666-0001

CD

NJ-05

Jobs Reported

30

NAICS Code

336992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

285000.00

Mortgage Interest Proceed

0.00

Rent Proceed

31242.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

1000

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

357848.58

Forgiveness Date

05/11/2021

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