PPP Loan information for T.f.s. inc

$371,583

T.f.s. inc was initially approved for PPP Loan of amount $371,583, the current approved amount is $371,583. The loan was approved on 04/27/2020 by The Spencer Savings Bank, SLA reported 36 jobs and $371,583 was used to fund payroll.

T.f.s. inc is New Business or 2 years or less

T.F.S. INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

T.F.S. INC

Borrower Address

40 Vreeland Ave.

Borrower City

Totowa

Borrower State

NJ

Borrower Zip

07512

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371582.50

Current Approval Amount

371582.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Totowa

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-1000

CD

NJ-11

Jobs Reported

36

NAICS Code

561612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

371582.50

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

Corporation

Originating Lender Location Id

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

374761.59

Forgiveness Date

03/08/2021

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