PPP Loan information for Papp iron works, inc

$640,000

Papp iron works, inc was initially approved for PPP Loan of amount $640,000, the current approved amount is $640,000. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 40 jobs and $640,000 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

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PAPP IRON WORKS, INC

Borrower Address

950 South 2nd Street

Borrower City

PLAINFIELD

Borrower State

NJ

Borrower Zip

07063-1302

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

640000.00

Current Approval Amount

640000.00

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

0.00

Payroll Proceed

640000.00

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

648626.85

Forgiveness Date

08/20/2021

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