PPP Loan information for Pave-rite inc

$250,000

Pave-rite inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/12/2020 by The Fulton Bank, National Association reported 17 jobs and $250,000 was used to fund payroll.

Pave-rite inc is Existing or more than 2 years old

PAVE-RITE INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PAVE-RITE INC

Borrower Address

40 Radel Avenue

Borrower City

Bridgewater

Borrower State

NJ

Borrower Zip

08807-3377

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bridgewater

Project County Name

SOMERSET

Project State

NJ

Project Zip

08807-3377

CD

NJ-12

Jobs Reported

17

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31250.00

Payroll Proceed

187500.00

Mortgage Interest Proceed

0.00

Rent Proceed

31250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251347.22

Forgiveness Date

11/03/2020

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