PPP Loan information for Timbers inc

$2,000,000

Timbers inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/22/2021 by The Provident Bank reported 242 jobs and $2,000,000 was used to fund payroll.

Timbers inc is Existing or more than 2 years old

PPP Loan Search / NJ / Morristown / Timbers inc

TIMBERS INC

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TIMBERS INC

Borrower Address

1 Convent Rd

Borrower City

Morristown

Borrower State

NJ

Borrower Zip

07960-6922

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

MORRIS

Project State

NJ

Project Zip

07960-6922

CD

NJ-11

Jobs Reported

242

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023287.67

Forgiveness Date

03/30/2022

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