PPP Loan information for Zala machine co inc

$197,987

Zala machine co inc was initially approved for PPP Loan of amount $170,000, the current approved amount is $197,987. The loan was approved on 05/02/2020 by The Bank of America, National Association reported 11 jobs and $197,987 was used to fund payroll.

Zala machine co inc is Existing or more than 2 years old

PPP Loan Search / NJ / HILLSBOROUGH / Zala machine co inc

ZALA MACHINE CO INC

Date Approved

05/02/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ZALA MACHINE CO INC

Borrower Address

109 STRYKER LN STE 11

Borrower City

HILLSBOROUGH

Borrower State

NJ

Borrower Zip

08844-1911

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170000.00

Current Approval Amount

197986.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBOROUGH

Project County Name

SOMERSET

Project State

NJ

Project Zip

08844-1911

CD

NJ-12

Jobs Reported

11

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197986.90

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200916.02

Forgiveness Date

12/02/2021

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