PPP Loan information for Silk city investment inc

$28,750

Silk city investment inc was initially approved for PPP Loan of amount $28,750, the current approved amount is $28,750. The loan was approved on 06/28/2020 by The MBE Capital Partners reported 2 jobs and $28,750 was used to fund payroll.

Silk city investment inc is Existing or more than 2 years old

SILK CITY INVESTMENT INC

Date Approved

06/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SILK CITY INVESTMENT INC

Borrower Address

400 E 38th St , Paterson, NJ, 07504

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07504

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28750.00

Current Approval Amount

28750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07504-1000

CD

NJ-09

Jobs Reported

2

NAICS Code

523920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28750.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29125.35

Forgiveness Date

10/28/2021

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