PPP Loan information for South street distribution corp

$52,298

South street distribution corp was initially approved for PPP Loan of amount $52,298, the current approved amount is $52,298. The loan was approved on 01/23/2021 by The Valley National Bank reported 16 jobs and $52,298 was used to fund payroll.

South street distribution corp is Existing or more than 2 years old

PPP Loan Search / NJ / Passaic / South street distribution corp

SOUTH STREET DISTRIBUTION CORP

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SOUTH STREET DISTRIBUTION CORP

Borrower Address

79 South St

Borrower City

Passaic

Borrower State

NJ

Borrower Zip

07055-7914

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52297.50

Current Approval Amount

52297.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Passaic

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-7914

CD

NJ-09

Jobs Reported

16

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52295.50

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

52678.11

Forgiveness Date

10/25/2021

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