PPP Loan information for Rug renovating co. inc.

$421,470

Rug renovating co. inc. was initially approved for PPP Loan of amount $421,470, the current approved amount is $421,470. The loan was approved on 01/23/2021 by The Provident Bank reported 40 jobs and $421,470 was used to fund payroll.

Rug renovating co. inc. is Existing or more than 2 years old

PPP Loan Search / NJ / East Orange / Rug renovating co. inc.

RUG RENOVATING CO. INC.

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RUG RENOVATING CO. INC.

Borrower Address

532 N Grove St

Borrower City

East Orange

Borrower State

NJ

Borrower Zip

07017-4909

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

421470.41

Current Approval Amount

421470.41

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Orange

Project County Name

ESSEX

Project State

NJ

Project Zip

07017-4909

CD

NJ-10

Jobs Reported

40

NAICS Code

811490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

421465.41

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

425177.04

Forgiveness Date

12/20/2021

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