PPP Loan information for Salson logistics inc

$4,513,567

Salson logistics inc was initially approved for PPP Loan of amount $4,513,567, the current approved amount is $4,513,567. The loan was approved on 04/28/2020 by The Valley National Bank reported 495 jobs and $4,513,567 was used to fund payroll.

Salson logistics inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Salson logistics inc

SALSON LOGISTICS INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SALSON LOGISTICS INC

Borrower Address

888 Doremus Avenue

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4513567.00

Current Approval Amount

4513567.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-0001

CD

NJ-10

Jobs Reported

495

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4513567.00

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

Sole Proprietorship

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

4563592.37

Forgiveness Date

06/11/2021

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