PPP Loan information for Cetylite industries inc

$446,230

Cetylite industries inc was initially approved for PPP Loan of amount $446,230, the current approved amount is $446,230. The loan was approved on 02/17/2021 by The City National Bank reported 25 jobs and $446,230 was used to fund payroll.

Cetylite industries inc is Existing or more than 2 years old

CETYLITE INDUSTRIES INC

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CETYLITE INDUSTRIES INC

Borrower Address

9051 River Rd

Borrower City

Pennsauken

Borrower State

NJ

Borrower Zip

08110-3203

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

446230.00

Current Approval Amount

446230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08110-3203

CD

NJ-01

Jobs Reported

25

NAICS Code

325412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

446228.00

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

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

450056.58

Forgiveness Date

12/29/2021

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