PPP Loan information for United rack installers inc

$1,046,695

United rack installers inc was initially approved for PPP Loan of amount $1,046,695, the current approved amount is $1,046,695. The loan was approved on 03/18/2021 by The Cross River Bank reported 90 jobs and $1,046,695 was used to fund payroll.

United rack installers inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cedar Grove / United rack installers inc

UNITED RACK INSTALLERS INC

Date Approved

03/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

UNITED RACK INSTALLERS INC

Borrower Address

51 Eileen Dr

Borrower City

Cedar Grove

Borrower State

NJ

Borrower Zip

07009-1347

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1046695.00

Current Approval Amount

1046695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Grove

Project County Name

ESSEX

Project State

NJ

Project Zip

07009-1347

CD

NJ-11

Jobs Reported

90

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1046695.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1054122.23

Forgiveness Date

12/07/2021

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