PPP Loan information for Excel hobby blades corporation

$246,837

Excel hobby blades corporation was initially approved for PPP Loan of amount $246,837, the current approved amount is $246,837. The loan was approved on 04/27/2020 by The Valley National Bank reported 32 jobs and $246,837 was used to fund payroll.

Excel hobby blades corporation is Existing or more than 2 years old

PPP Loan Search / NJ / PATERSON / Excel hobby blades corporation

EXCEL HOBBY BLADES CORPORATION

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EXCEL HOBBY BLADES CORPORATION

Borrower Address

481 Getty Avenue

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07503

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246837.00

Current Approval Amount

246837.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07503-1000

CD

NJ-09

Jobs Reported

32

NAICS Code

339940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

246837.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

249792.19

Forgiveness Date

07/08/2021

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