PPP Loan information for Propak development inc

$131,300

Propak development inc was initially approved for PPP Loan of amount $131,300, the current approved amount is $131,300. The loan was approved on 02/25/2021 by The Loan Source Incorporated reported 10 jobs and $131,300 was used to fund payroll.

Propak development inc is Existing or more than 2 years old

PROPAK DEVELOPMENT INC

Date Approved

02/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PROPAK DEVELOPMENT INC

Borrower Address

43 Stults Rd

Borrower City

Dayton

Borrower State

NJ

Borrower Zip

08810-1541

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131300.00

Current Approval Amount

131300.00

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

Dayton

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08810-1541

CD

NJ-12

Jobs Reported

10

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

131297.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132533.86

Forgiveness Date

02/09/2022

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