PPP Loan information for State tool gear co inc

$225,787

State tool gear co inc was initially approved for PPP Loan of amount $225,787, the current approved amount is $225,787. The loan was approved on 02/17/2021 by The Valley National Bank reported 11 jobs and $225,787 was used to fund payroll.

State tool gear co inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / State tool gear co inc

STATE TOOL GEAR CO INC

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

STATE TOOL GEAR CO INC

Borrower Address

211 Camden St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07103-2404

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225787.00

Current Approval Amount

225787.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07103-2404

CD

NJ-10

Jobs Reported

11

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

225782.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

227674.83

Forgiveness Date

01/06/2022

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