PPP Loan information for Prospect transportation, inc.

$2,830,660

Prospect transportation, inc. was initially approved for PPP Loan of amount $2,830,660, the current approved amount is $2,830,660. The loan was approved on 05/15/2020 by The Lakeland Bank reported 150 jobs and $2,830,660 was used to fund payroll.

Prospect transportation, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / CARLSTADT / Prospect transportation, inc.

PROSPECT TRANSPORTATION, INC.

Date Approved

05/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROSPECT TRANSPORTATION, INC.

Borrower Address

630 INDUSTRIAL RD

Borrower City

CARLSTADT

Borrower State

NJ

Borrower Zip

07072-1619

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2830660.10

Current Approval Amount

2830660.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLSTADT

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-1619

CD

NJ-09

Jobs Reported

150

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2830660.10

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

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2860617.92

Forgiveness Date

06/11/2021

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