PPP Loan information for Russelco inc.

$132,395

Russelco inc. was initially approved for PPP Loan of amount $132,395, the current approved amount is $132,395. The loan was approved on 05/18/2020 by The Santander Bank, National Association reported 26 jobs and $132,395 was used to fund payroll.

Russelco inc. is Existing or more than 2 years old

RUSSELCO INC.

Date Approved

05/18/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RUSSELCO INC.

Borrower Address

1001 Roosevelt ave unit 9

Borrower City

CARTERET

Borrower State

NJ

Borrower Zip

07008

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132395.00

Current Approval Amount

132395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARTERET

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07008-0001

CD

NJ-06

Jobs Reported

26

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

132395.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133240.86

Forgiveness Date

01/07/2021

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