PPP Loan information for State tool gear co., inc.

$225,786

State tool gear co., inc. was initially approved for PPP Loan of amount $225,786, the current approved amount is $225,786. The loan was approved on 04/28/2020 by The Valley National Bank reported 11 jobs and $225,786 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

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

STATE TOOL GEAR CO., INC.

Borrower Address

211 Camden St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07103

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225786.00

Current Approval Amount

225786.00

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

07103-0001

CD

NJ-10

Jobs Reported

11

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225786.00

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

228413.90

Forgiveness Date

06/30/2021

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