PPP Loan information for Syed, inc

$72,775

Syed, inc was initially approved for PPP Loan of amount $72,775, the current approved amount is $72,775. The loan was approved on 05/19/2020 by The Freedom Bank reported 31 jobs and $72,775 was used to fund payroll.

Syed, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Bloomfield / Syed, inc

SYED, INC

Date Approved

05/19/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SYED, INC

Borrower Address

122 Bloomfield Ave

Borrower City

Bloomfield

Borrower State

NJ

Borrower Zip

07003-5917

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72775.00

Current Approval Amount

72775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455592

Servicing Lender Name

Freedom Bank

Servicing Lender Address

99 W Essex St, 2nd Fl

Servicing Lender City

MAYWOOD

Servicing Lender State

NJ

Servicing Lender Zip

07607-1019

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07003-5917

CD

NJ-11

Jobs Reported

31

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72775.00

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

Subchapter S Corporation

Originating Lender Location Id

455592

Originating Lender

Freedom Bank

Originating Lender City

MAYWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73140.90

Forgiveness Date

11/19/2020

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