PPP Loan information for Picasso lighting industries llc

$498,820

Picasso lighting industries llc was initially approved for PPP Loan of amount $498,820, the current approved amount is $498,820. The loan was approved on 02/11/2021 by The JPMorgan Chase Bank, National Association reported 22 jobs and $498,820 was used to fund payroll.

Picasso lighting industries llc is Existing or more than 2 years old

PICASSO LIGHTING INDUSTRIES LLC

Date Approved

02/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PICASSO LIGHTING INDUSTRIES LLC

Borrower Address

46 Sellers St

Borrower City

Kearny

Borrower State

NJ

Borrower Zip

07032-4216

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

498820.00

Current Approval Amount

498820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kearny

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-4216

CD

NJ-08

Jobs Reported

22

NAICS Code

335122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

498818.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

503912.12

Forgiveness Date

02/23/2022

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