Date Approved
03/30/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
RENSSELAER GROUP INC
Borrower Address
101 US Highway 46 Bldg 14
Borrower City
Pine Brook
Borrower State
NJ
Borrower Zip
07058-9379
Loan Status Date
02/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
105420.00
Current Approval Amount
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
Servicing Lender Zip
07055-5066
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORRIS
Project State
Project Zip
CD
NJ-11
Jobs Reported
14
NAICS Code
531390
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
106234.08
Forgiveness Date
01/04/2022