PPP Loan information for Rencor inc

$821,750

Rencor inc was initially approved for PPP Loan of amount $821,750, the current approved amount is $821,750. The loan was approved on 01/21/2021 by The Lakeland Bank reported 28 jobs and $821,750 was used to fund payroll.

Rencor inc is Existing or more than 2 years old

PPP Loan Search / NJ / Somerville / Rencor inc

RENCOR INC

Date Approved

01/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RENCOR INC

Borrower Address

24 Tannery Rd

Borrower City

Somerville

Borrower State

NJ

Borrower Zip

08876-6000

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

821750.00

Current Approval Amount

821750.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08876-6000

CD

NJ-07

Jobs Reported

28

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

821747.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

825599.84

Forgiveness Date

07/19/2021

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