PPP Loan information for Town appliance inc.

$635,888

Town appliance inc. was initially approved for PPP Loan of amount $635,888, the current approved amount is $635,888. The loan was approved on 04/28/2020 by The American Express National Bank reported 54 jobs and $635,888 was used to fund payroll.

Town appliance inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood Township / Town appliance inc.

TOWN APPLIANCE INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TOWN APPLIANCE INC.

Borrower Address

10 South Clifton Avenue

Borrower City

Lakewood Township

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635887.50

Current Approval Amount

635887.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood Township

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-0001

CD

NJ-04

Jobs Reported

54

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6358.88

Payroll Proceed

502351.12

Mortgage Interest Proceed

0.00

Rent Proceed

101742.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25435.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

642019.89

Forgiveness Date

04/26/2021

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