PPP Loan information for Paterson card & paper company

$315,992

Paterson card & paper company was initially approved for PPP Loan of amount $315,992, the current approved amount is $315,992. The loan was approved on 01/31/2021 by The Valley National Bank reported 23 jobs and $315,992 was used to fund payroll.

Paterson card & paper company is Existing or more than 2 years old

PATERSON CARD & PAPER COMPANY

Date Approved

01/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PATERSON CARD & PAPER COMPANY

Borrower Address

730 Madison Ave

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07501-2407

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315992.00

Current Approval Amount

315992.00

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

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

07501-2407

CD

NJ-09

Jobs Reported

23

NAICS Code

424110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

315990.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317650.96

Forgiveness Date

08/18/2021

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