PPP Loan information for Swede farms inc

$520,278

Swede farms inc was initially approved for PPP Loan of amount $520,278, the current approved amount is $520,278. The loan was approved on 01/30/2021 by The Valley National Bank reported 23 jobs and $520,278 was used to fund payroll.

Swede farms inc is Existing or more than 2 years old

SWEDE FARMS INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SWEDE FARMS INC

Borrower Address

480 Alfred Ave

Borrower City

Teaneck

Borrower State

NJ

Borrower Zip

07666-5756

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520277.50

Current Approval Amount

520277.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Teaneck

Project County Name

BERGEN

Project State

NJ

Project Zip

07666-5756

CD

NJ-05

Jobs Reported

23

NAICS Code

424430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

520272.50

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

Subchapter S 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

524844.38

Forgiveness Date

12/22/2021

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