56 PL INC. (NJ) - 2020 PPP Loan Borrower Profile (# 4779157103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 56 PL INC.. 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

4779157103

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$109,872

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$104,523.02

Date Loan was Forgiven

Apr 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

109,872

Lender

Valley National Bank

Business Detail

Business Type

Corporation

NAICS

624410

Borrower Location

FAIRFIELD, NJ

Project Location

FAIRFIELD, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.