PPP Loan information for Sussman automatic corp

$1,228,585

Sussman automatic corp was initially approved for PPP Loan of amount $1,228,585, the current approved amount is $1,228,585. The loan was approved on 04/07/2020 by The Valley National Bank reported 71 jobs and $1,228,585 was used to fund payroll.

Sussman automatic corp is Existing or more than 2 years old

PPP Loan Search / NY / LONG ISLAND CITY / Sussman automatic corp

SUSSMAN AUTOMATIC CORP

Date Approved

04/07/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SUSSMAN AUTOMATIC CORP

Borrower Address

4230 34th Ave

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-1110

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1228585.00

Current Approval Amount

1228585.00

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

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-1110

CD

NY-07

Jobs Reported

71

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1228585.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1240120.05

Forgiveness Date

03/18/2021

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