PPP Loan information for Papp iron works inc

$521,540

Papp iron works inc was initially approved for PPP Loan of amount $521,540, the current approved amount is $521,540. The loan was approved on 02/06/2021 by The Loan Source Incorporated reported 40 jobs and $521,540 was used to fund payroll.

Papp iron works inc is Existing or more than 2 years old

PPP Loan Search / NJ / Plainfield / Papp iron works inc

PAPP IRON WORKS INC

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PAPP IRON WORKS INC

Borrower Address

950 S 2nd St

Borrower City

Plainfield

Borrower State

NJ

Borrower Zip

07063-1302

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

521540.00

Current Approval Amount

521540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Plainfield

Project County Name

UNION

Project State

NJ

Project Zip

07063-1302

CD

NJ-12

Jobs Reported

40

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

521536.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

530327.59

Forgiveness Date

10/25/2022

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