PPP Loan information for Woolco foods inc

$1,098,292

Woolco foods inc was initially approved for PPP Loan of amount $1,098,292, the current approved amount is $1,098,292. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 68 jobs and $1,098,292 was used to fund payroll.

Woolco foods inc is Existing or more than 2 years old

WOOLCO FOODS INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WOOLCO FOODS INC

Borrower Address

135 AMITY ST

Borrower City

JERSEY CITY

Borrower State

NJ

Borrower Zip

07304

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1098292.00

Current Approval Amount

1098292.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JERSEY CITY

Project County Name

HUDSON

Project State

NJ

Project Zip

07304-0001

CD

NJ-10

Jobs Reported

68

NAICS Code

424410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20625.00

Payroll Proceed

909668.00

Mortgage Interest Proceed

0.00

Rent Proceed

77574.00

Refinance EIDL Proceed

0.00

Health Care Proceed

90425.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

Non-Veteran

Non Profit

Forgiveness Amount

1110819.24

Forgiveness Date

06/08/2021

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