50 STATES ENGINEERING, CORP. (NJ) - 2020 PPP Loan Borrower Profile (# 3732657806)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 50 STATES ENGINEERING, CORP.. 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

3732657806

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$687,010

Date Loan was Approved

May 27, 2020

Amount Forgiven

$690,379.17

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

68,701

Payroll Proced

549,608

Rent Proceed

68,701

Lender

BSD Capital, LLC dba Lendistry

Business Detail

Business Type

Corporation

NAICS

541330

Borrower Location

HACKENSACK, NJ

Project Location

HACKENSACK, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.