PPP Loan information for Tropar manufacturing co inc

$587,767

Tropar manufacturing co inc was initially approved for PPP Loan of amount $587,767, the current approved amount is $587,767. The loan was approved on 03/23/2021 by The Valley National Bank reported 58 jobs and $587,767 was used to fund payroll.

Tropar manufacturing co inc is Existing or more than 2 years old

TROPAR MANUFACTURING CO INC

Date Approved

03/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TROPAR MANUFACTURING CO INC

Borrower Address

5 Vreeland Rd

Borrower City

Florham Park

Borrower State

NJ

Borrower Zip

07932-1505

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

587767.00

Current Approval Amount

587767.00

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

Florham Park

Project County Name

MORRIS

Project State

NJ

Project Zip

07932-1505

CD

NJ-11

Jobs Reported

58

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

587764.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592599.75

Forgiveness Date

01/18/2022

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