PPP Loan information for Sinclairs east inc

$222,281

Sinclairs east inc was initially approved for PPP Loan of amount $222,281, the current approved amount is $222,281. The loan was approved on 02/13/2021 by The Valley National Bank reported 60 jobs and $222,281 was used to fund payroll.

Sinclairs east inc is Existing or more than 2 years old

SINCLAIRS EAST INC

Date Approved

02/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SINCLAIRS EAST INC

Borrower Address

7847 Vaughn Rd

Borrower City

Montgomery

Borrower State

AL

Borrower Zip

36116-6711

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222281.00

Current Approval Amount

222281.00

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

Montgomery

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36116-6711

CD

AL-02

Jobs Reported

60

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

222276.00

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

Non-Veteran

Non Profit

Forgiveness Amount

223985.15

Forgiveness Date

11/22/2021

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