PPP Loan information for Red bank recycling & auto wreckers, inc.

$183,061

Red bank recycling & auto wreckers, inc. was initially approved for PPP Loan of amount $183,061, the current approved amount is $183,061. The loan was approved on 04/12/2020 by The Valley National Bank reported 14 jobs and $183,061 was used to fund payroll.

Red bank recycling & auto wreckers, inc. is Existing or more than 2 years old

RED BANK RECYCLING & AUTO WRECKERS, INC.

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RED BANK RECYCLING & AUTO WRECKERS, INC.

Borrower Address

64 Central Ave.

Borrower City

RED BANK

Borrower State

NJ

Borrower Zip

07701-1521

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183061.00

Current Approval Amount

183061.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RED BANK

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-1521

CD

NJ-06

Jobs Reported

14

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

183061.00

Payroll Proceed

0.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185095.01

Forgiveness Date

05/26/2021

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