PPP Loan information for Thomas erectors inc

$129,770

Thomas erectors inc was initially approved for PPP Loan of amount $129,770, the current approved amount is $129,770. The loan was approved on 03/17/2021 by The Valley National Bank reported 3 jobs and $129,770 was used to fund payroll.

Thomas erectors inc is Existing or more than 2 years old

THOMAS ERECTORS INC

Date Approved

03/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THOMAS ERECTORS INC

Borrower Address

630 Ramsey Ave

Borrower City

Hillside

Borrower State

NJ

Borrower Zip

07205-1042

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129770.00

Current Approval Amount

129770.00

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

Hillside

Project County Name

UNION

Project State

NJ

Project Zip

07205-1042

CD

NJ-10

Jobs Reported

3

NAICS Code

332321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

129768.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130581.06

Forgiveness Date

11/01/2021

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