85-87 WILSON AVE INC (NJ) - 2020 PPP Loan Borrower Profile (# 5301428408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 85-87 WILSON AVE 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

5301428408

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$178,600

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$179,870.04

Date Loan was Forgiven

Oct 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

178,598

Lender

ConnectOne Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

NEWARK, NJ

Project Location

NEWARK, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.