PPP Loan information for Frontline industries inc
$616,414
Frontline industries inc was initially approved for PPP Loan of amount $519,548, the current approved amount is $616,414. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 24 jobs and $616,414 was used to fund payroll.
Frontline industries inc is New Business or 2 years or less
FRONTLINE INDUSTRIES INC
Date Approved
05/03/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
FRONTLINE INDUSTRIES INC
Borrower Address
990 CHANCELLOR AVE
Borrower City
IRVINGTON
Borrower State
NJ
Borrower Zip
07111-1262
Loan Status Date
Loan Status
Exemption 4
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
519548.00
Current Approval Amount
616414.00
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
Y
Business Age Description
New Business or 2 years or less
Project City
IRVINGTON
Project County Name
ESSEX
Project State
NJ
Project Zip
07111-1262
CD
NJ-10
Jobs Reported
24
NAICS Code
811219
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
616414.00
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
9551
Originating Lender
Bank of America, National Association
Originating Lender City
CHARLOTTE
Originating Lender State
NC
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
531205.28
Forgiveness Date
08/04/2022