PPP Loan information for Union county economic development corporation

$367,300

Union county economic development corporation was initially approved for PPP Loan of amount $367,300, the current approved amount is $367,300. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 17 jobs and $367,300 was used to fund payroll.

Union county economic development corporation is Existing or more than 2 years old

UNION COUNTY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

UNION COUNTY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

75 CHESTNUT ST

Borrower City

CRANFORD

Borrower State

NJ

Borrower Zip

07016-2937

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367300.00

Current Approval Amount

367300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRANFORD

Project County Name

UNION

Project State

NJ

Project Zip

07016-2937

CD

NJ-10

Jobs Reported

17

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367300.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

370500.04

Forgiveness Date

03/08/2021

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