PPP Loan information for Traco industrial supply corp

$100,735

Traco industrial supply corp was initially approved for PPP Loan of amount $100,735, the current approved amount is $100,735. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $100,735 was used to fund payroll.

Traco industrial supply corp is New Business or 2 years or less

TRACO INDUSTRIAL SUPPLY CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TRACO INDUSTRIAL SUPPLY CORP

Borrower Address

380 PATERSON PLANK RD

Borrower City

CARLSTADT

Borrower State

NJ

Borrower Zip

07072-2306

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100735.00

Current Approval Amount

100735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CARLSTADT

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-2306

CD

NJ-09

Jobs Reported

10

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100735.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101598.84

Forgiveness Date

03/11/2021

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