PPP Loan information for Razac products, inc.

$43,312

Razac products, inc. was initially approved for PPP Loan of amount $43,312, the current approved amount is $43,312. The loan was approved on 06/22/2020 by The Industrial Bank reported 1 jobs and $43,312 was used to fund payroll.

Razac products, inc. is Unanswered

RAZAC PRODUCTS, INC.

Date Approved

06/22/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAZAC PRODUCTS, INC.

Borrower Address

25 BRENNER ST

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07108-1610

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43312.00

Current Approval Amount

43312.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16803

Servicing Lender Name

Industrial Bank

Servicing Lender Address

4812 Georgia Ave NW

Servicing Lender City

WASHINGTON

Servicing Lender State

DC

Servicing Lender Zip

20011-4522

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07108-1610

CD

NJ-10

Jobs Reported

1

NAICS Code

424210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43312.00

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

16803

Originating Lender

Industrial Bank

Originating Lender City

WASHINGTON

Originating Lender State

DC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44018.23

Forgiveness Date

02/03/2022

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