PPP Loan information for Tomcel machine inc

$50,303

Tomcel machine inc was initially approved for PPP Loan of amount $50,303, the current approved amount is $50,303. The loan was approved on 02/01/2021 by The Valley National Bank reported 5 jobs and $50,303 was used to fund payroll.

Tomcel machine inc is Existing or more than 2 years old

PPP Loan Search / NJ / Woodland Park / Tomcel machine inc

TOMCEL MACHINE INC

Date Approved

02/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TOMCEL MACHINE INC

Borrower Address

86 Lackawanna Ave

Borrower City

Woodland Park

Borrower State

NJ

Borrower Zip

07424-2565

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50302.50

Current Approval Amount

50302.50

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

Woodland Park

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-2565

CD

NJ-11

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50300.50

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50693.74

Forgiveness Date

11/17/2021

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