PPP Loan information for Ridge construction corp

$259,200

Ridge construction corp was initially approved for PPP Loan of amount $264,400, the current approved amount is $259,200. The loan was approved on 04/07/2020 by The Magyar Bank reported 29 jobs and $259,200 was used to fund payroll.

Ridge construction corp is Existing or more than 2 years old

RIDGE CONSTRUCTION CORP

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RIDGE CONSTRUCTION CORP

Borrower Address

280 TOWNE CENTRE DR

Borrower City

NORTH BRUNSWICK

Borrower State

NJ

Borrower Zip

08902-1230

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264400.00

Current Approval Amount

259200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-1230

CD

NJ-12

Jobs Reported

29

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

86400.00

Payroll Proceed

86400.00

Mortgage Interest Proceed

0.00

Rent Proceed

86400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261280.80

Forgiveness Date

02/01/2021

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