PPP Loan information for Peerless umbrella co., inc

$1,194,402

Peerless umbrella co., inc was initially approved for PPP Loan of amount $1,194,402, the current approved amount is $1,194,402. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 127 jobs and $1,194,402 was used to fund payroll.

Peerless umbrella co., inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Peerless umbrella co., inc

PEERLESS UMBRELLA CO., INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PEERLESS UMBRELLA CO., INC

Borrower Address

427 Ferry Street

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1194402.00

Current Approval Amount

1194402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

127

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38000.00

Payroll Proceed

954402.00

Mortgage Interest Proceed

0.00

Rent Proceed

105000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53000.00

Debt Interest Proceed

44000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1203040.96

Forgiveness Date

01/13/2021

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