PPP Loan information for Verner-cadby inc.

$571,432

Verner-cadby inc. was initially approved for PPP Loan of amount $571,432, the current approved amount is $571,432. The loan was approved on 03/08/2021 by The JPMorgan Chase Bank, National Association reported 40 jobs and $571,432 was used to fund payroll.

Verner-cadby inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Fairfield / Verner-cadby inc.

VERNER-CADBY INC.

Date Approved

03/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VERNER-CADBY INC.

Borrower Address

1240 Bloomfield Ave

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-3705

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

571432.00

Current Approval Amount

571432.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-3705

CD

NJ-11

Jobs Reported

40

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

571427.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

575025.35

Forgiveness Date

10/27/2021

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