PPP Loan information for Worthington biochemical corporation

$906,110

Worthington biochemical corporation was initially approved for PPP Loan of amount $906,110, the current approved amount is $906,110. The loan was approved on 06/02/2020 by The Cross River Bank reported 56 jobs and $906,110 was used to fund payroll.

Worthington biochemical corporation is Existing or more than 2 years old

WORTHINGTON BIOCHEMICAL CORPORATION

Date Approved

06/02/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WORTHINGTON BIOCHEMICAL CORPORATION

Borrower Address

730 Vassar Avenue

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-6907

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

906110.00

Current Approval Amount

906110.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-6907

CD

NJ-04

Jobs Reported

56

NAICS Code

325199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

906110.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

911794.91

Forgiveness Date

01/20/2021

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