PPP Loan information for Weber and scher mfg. co., inc.

$160,300

Weber and scher mfg. co., inc. was initially approved for PPP Loan of amount $160,300, the current approved amount is $160,300. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 15 jobs and $160,300 was used to fund payroll.

Weber and scher mfg. co., inc. is Existing or more than 2 years old

WEBER AND SCHER MFG. CO., INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WEBER AND SCHER MFG. CO., INC.

Borrower Address

49 MOLASSES HILL RD, PO BOX 366

Borrower City

LEBANON

Borrower State

NJ

Borrower Zip

08833-3254

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160300.00

Current Approval Amount

160300.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08833-3254

CD

NJ-07

Jobs Reported

15

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160300.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162588.12

Forgiveness Date

09/28/2021

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