PPP Loan information for Sparta steel corporation

$128,510

Sparta steel corporation was initially approved for PPP Loan of amount $128,510, the current approved amount is $128,510. The loan was approved on 04/14/2020 by The First Hope Bank, A National Banking Association reported 9 jobs and $128,510 was used to fund payroll.

Sparta steel corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Sparta / Sparta steel corporation

SPARTA STEEL CORPORATION

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SPARTA STEEL CORPORATION

Borrower Address

35 Woodport Road

Borrower City

Sparta

Borrower State

NJ

Borrower Zip

07871-2408

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128510.00

Current Approval Amount

128510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43706

Servicing Lender Name

First Hope Bank, A National Banking Association

Servicing Lender Address

1301 Hope Bridgeville Rd

Servicing Lender City

HOPE

Servicing Lender State

NJ

Servicing Lender Zip

07844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sparta

Project County Name

SUSSEX

Project State

NJ

Project Zip

07871-2408

CD

NJ-07

Jobs Reported

9

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12851.00

Payroll Proceed

102808.00

Mortgage Interest Proceed

12851.00

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

43706

Originating Lender

First Hope Bank, A National Banking Association

Originating Lender City

HOPE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129316.76

Forgiveness Date

12/08/2020

;