PPP Loan information for Severna operations inc

$374,997

Severna operations inc was initially approved for PPP Loan of amount $374,997, the current approved amount is $374,997. The loan was approved on 03/23/2021 by The Valley National Bank reported 23 jobs and $374,997 was used to fund payroll.

Severna operations inc is Existing or more than 2 years old

PPP Loan Search / NJ / PARSIPPANY / Severna operations inc

SEVERNA OPERATIONS INC

Date Approved

03/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SEVERNA OPERATIONS INC

Borrower Address

3 MAIN AVE

Borrower City

PARSIPPANY

Borrower State

NJ

Borrower Zip

07054

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

374997.00

Current Approval Amount

374997.00

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

PARSIPPANY

Project County Name

MORRIS

Project State

NJ

Project Zip

07054

CD

NJ-11

Jobs Reported

23

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

374997.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

377278.23

Forgiveness Date

11/01/2021

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