ACTIVE IP SYSTEMS LLC (NJ) - 2020 PPP Loan Borrower Profile (# 8285469005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTIVE IP SYSTEMS LLC. 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

8285469005

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$496,255

Date Loan was Approved

May 27, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

41 Months

Payroll Proced

496,253

Lender

Ponce Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541513

Borrower Location

Union City, NJ

Project Location

Union City, 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.