PPP Loan information for Toras imecha inc

$449,272

Toras imecha inc was initially approved for PPP Loan of amount $449,272, the current approved amount is $449,272. The loan was approved on 02/06/2021 by The Lakeland Bank reported 138 jobs and $449,272 was used to fund payroll.

Toras imecha inc is Existing or more than 2 years old

TORAS IMECHA INC

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TORAS IMECHA INC

Borrower Address

970 E County Line Rd

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-2111

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

449272.00

Current Approval Amount

449272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-2111

CD

NJ-04

Jobs Reported

138

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

449270.00

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

Non-Profit Organization

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

453065.85

Forgiveness Date

12/14/2021

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