PPP Loan information for Stollen machine tool company inc

$43,952

Stollen machine tool company inc was initially approved for PPP Loan of amount $43,952, the current approved amount is $43,952. The loan was approved on 01/28/2021 by The Bank of America, National Association reported 3 jobs and $43,952 was used to fund payroll.

Stollen machine tool company inc is Existing or more than 2 years old

STOLLEN MACHINE TOOL COMPANY INC

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

STOLLEN MACHINE TOOL COMPANY INC

Borrower Address

355 MARKET ST

Borrower City

KENILWORTH

Borrower State

NJ

Borrower Zip

07033

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43952.00

Current Approval Amount

43952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENILWORTH

Project County Name

UNION

Project State

NJ

Project Zip

07033

CD

NJ-07

Jobs Reported

3

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

43952.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44192.83

Forgiveness Date

08/18/2021

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