PPP Loan information for Ontime distribution inc

$62,973

Ontime distribution inc was initially approved for PPP Loan of amount $62,973, the current approved amount is $62,973. The loan was approved on 05/02/2020 by The Dime Community Bank reported 11 jobs and $62,973 was used to fund payroll.

Ontime distribution inc is Existing or more than 2 years old

ONTIME DISTRIBUTION INC

Date Approved

05/02/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ONTIME DISTRIBUTION INC

Borrower Address

85 5TH AVE SUITE 30

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07524

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62972.50

Current Approval Amount

62972.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46104

Servicing Lender Name

Dime Community Bank

Servicing Lender Address

2200 Montauk Hwy

Servicing Lender City

BRIDGEHAMPTON

Servicing Lender State

NY

Servicing Lender Zip

11932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07524-1000

CD

NJ-09

Jobs Reported

11

NAICS Code

424990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

50972.50

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;