PPP Loan information for Federal bronze casting industries inc

$662,002

Federal bronze casting industries inc was initially approved for PPP Loan of amount $662,002, the current approved amount is $662,002. The loan was approved on 01/23/2021 by The Santander Bank, National Association reported 44 jobs and $662,002 was used to fund payroll.

Federal bronze casting industries inc is Existing or more than 2 years old

FEDERAL BRONZE CASTING INDUSTRIES INC

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FEDERAL BRONZE CASTING INDUSTRIES INC

Borrower Address

9 Backus St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-3002

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

662002.00

Current Approval Amount

662002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-3002

CD

NJ-08

Jobs Reported

44

NAICS Code

331529

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

661996.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

665647.55

Forgiveness Date

08/17/2021

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