PPP Loan information for S.a.m. brake inc

$91,950

S.a.m. brake inc was initially approved for PPP Loan of amount $91,950, the current approved amount is $91,950. The loan was approved on 04/29/2020 by The Lakeland Bank reported 13 jobs and $91,950 was used to fund payroll.

S.a.m. brake inc is Existing or more than 2 years old

S.A.M. BRAKE INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

S.A.M. BRAKE INC

Borrower Address

314 Railroad Avenue

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91950.00

Current Approval Amount

91950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-0610

CD

NJ-05

Jobs Reported

13

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91950.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92854.18

Forgiveness Date

05/06/2021

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