1ST RATE INVESTMENT PROPERTIES (NJ) - 2020 PPP Loan Borrower Profile (# 5975478310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST RATE INVESTMENT PROPERTIES. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Jersey.

Loan Detail

Loan Number

5975478310

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$58,417

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$59,326.06

Date Loan was Forgiven

Aug 29, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

58,417

Lender

Columbia Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531390

Borrower Location

Jersey City, NJ

Project Location

Jersey City, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.