PPP Loan information for Paperclip inc.

$620,444

Paperclip inc. was initially approved for PPP Loan of amount $620,444, the current approved amount is $620,444. The loan was approved on 04/13/2020 by The Valley National Bank reported 30 jobs and $620,444 was used to fund payroll.

Paperclip inc. is Existing or more than 2 years old

PAPERCLIP INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PAPERCLIP INC.

Borrower Address

One University Plaza suite 518

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601-6200

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620444.00

Current Approval Amount

620444.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-6200

CD

NJ-05

Jobs Reported

30

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

620444.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

624976.69

Forgiveness Date

01/11/2021

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