PPP Loan information for Sadat associates, inc

$230,000

Sadat associates, inc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/11/2020 by The Berkshire Bank reported 16 jobs and $230,000 was used to fund payroll.

Sadat associates, inc is Existing or more than 2 years old

SADAT ASSOCIATES, INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SADAT ASSOCIATES, INC

Borrower Address

1545 LAMBERTON RD

Borrower City

TRENTON

Borrower State

NJ

Borrower Zip

08611

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TRENTON

Project County Name

MERCER

Project State

NJ

Project Zip

08611-0501

CD

NJ-12

Jobs Reported

16

NAICS Code

541620

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231632.05

Forgiveness Date

01/25/2021

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