PPP Loan information for Vectracor inc

$175,573

Vectracor inc was initially approved for PPP Loan of amount $175,573, the current approved amount is $175,573. The loan was approved on 01/30/2021 by The Valley National Bank reported 12 jobs and $175,573 was used to fund payroll.

Vectracor inc is Existing or more than 2 years old

VECTRACOR INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VECTRACOR INC

Borrower Address

785 Totowa Rd Ste 100

Borrower City

Totowa

Borrower State

NJ

Borrower Zip

07512-1500

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175572.50

Current Approval Amount

175572.50

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

Totowa

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-1500

CD

NJ-11

Jobs Reported

12

NAICS Code

334510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

175567.50

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

176635.69

Forgiveness Date

09/15/2021

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