PPP Loan information for Porcello engineering inc

$119,242

Porcello engineering inc was initially approved for PPP Loan of amount $119,242, the current approved amount is $119,242. The loan was approved on 02/04/2021 by The Loan Source Incorporated reported 10 jobs and $119,242 was used to fund payroll.

Porcello engineering inc is Existing or more than 2 years old

PORCELLO ENGINEERING INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PORCELLO ENGINEERING INC

Borrower Address

252 Somerville Rd

Borrower City

Bedminster

Borrower State

NJ

Borrower Zip

07921-2637

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119242.00

Current Approval Amount

119242.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Bedminster

Project County Name

SOMERSET

Project State

NJ

Project Zip

07921-2637

CD

NJ-07

Jobs Reported

10

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119242.00

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

Corporation

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

120176.33

Forgiveness Date

11/26/2021

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