PPP Loan information for Cognitive artificial intelligence inc

$472,185

Cognitive artificial intelligence inc was initially approved for PPP Loan of amount $472,185, the current approved amount is $472,185. The loan was approved on 04/28/2020 by The Valley National Bank reported 30 jobs and $472,185 was used to fund payroll.

Cognitive artificial intelligence inc is Existing or more than 2 years old

COGNITIVE ARTIFICIAL INTELLIGENCE INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COGNITIVE ARTIFICIAL INTELLIGENCE INC

Borrower Address

50 Cragwood Road Suite 248

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472185.00

Current Approval Amount

472185.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-0001

CD

NJ-06

Jobs Reported

30

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

472185.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465163.53

Forgiveness Date

12/28/2020

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