PPP Loan information for Fundamentals inc

$305,921

Fundamentals inc was initially approved for PPP Loan of amount $305,921, the current approved amount is $305,921. The loan was approved on 01/19/2021 by The The Richwood Banking Company reported 8 jobs and $305,921 was used to fund payroll.

Fundamentals inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Fundamentals inc

FUNDAMENTALS INC

Date Approved

01/19/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FUNDAMENTALS INC

Borrower Address

450 US-1

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07114

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305921.07

Current Approval Amount

305921.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58129

Servicing Lender Name

The Richwood Banking Company

Servicing Lender Address

24 E Blagrove St

Servicing Lender City

RICHWOOD

Servicing Lender State

OH

Servicing Lender Zip

43344-1009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07114

CD

NJ-08

Jobs Reported

8

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305915.07

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

Limited Liability Company(LLC)

Originating Lender Location Id

58129

Originating Lender

The Richwood Banking Company

Originating Lender City

RICHWOOD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309893.85

Forgiveness Date

05/19/2022

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