PPP Loan information for Sherman-abrams laboratory inc.

$1,390,382

Sherman-abrams laboratory inc. was initially approved for PPP Loan of amount $1,390,382, the current approved amount is $1,390,382. The loan was approved on 04/28/2020 by The Valley National Bank reported 155 jobs and $1,390,382 was used to fund payroll.

Sherman-abrams laboratory inc. is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Sherman-abrams laboratory inc.

SHERMAN-ABRAMS LABORATORY INC.

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SHERMAN-ABRAMS LABORATORY INC.

Borrower Address

63 Flushing Ave, Building 292, Suite 417

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11205

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1390382.00

Current Approval Amount

1390382.00

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

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11205-0001

CD

NY-07

Jobs Reported

155

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1390382.00

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

Unanswered

Non Profit

Forgiveness Amount

1412821.22

Forgiveness Date

12/09/2021

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