PPP Loan information for Safer development & management corp

$206,825

Safer development & management corp was initially approved for PPP Loan of amount $206,825, the current approved amount is $206,825. The loan was approved on 04/01/2021 by The Valley National Bank reported 167 jobs and $206,825 was used to fund payroll.

Safer development & management corp is Existing or more than 2 years old

SAFER DEVELOPMENT & MANAGEMENT CORP

Date Approved

04/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SAFER DEVELOPMENT & MANAGEMENT CORP

Borrower Address

1875 McCarter Hwy

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07104-4211

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206825.00

Current Approval Amount

206825.00

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

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07104-4211

CD

NJ-08

Jobs Reported

167

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

206820.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207968.28

Forgiveness Date

10/19/2021

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