ACUATIVE CORPORATION (NJ) - 2020 PPP Loan Borrower Profile (# 9879327008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACUATIVE CORPORATION. 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

9879327008

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$4,908,435

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$4,973,908.07

Date Loan was Forgiven

Aug 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

25,600

Payroll Proced

3,962,835

Mortgage Interest Proceed

Rent Proceed

167,400

Refinance EIDL Proceed

Health Care Proceed

622,600

Debt Interest Proceed

130,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

517911

Borrower Location

Fairfield, NJ

Project Location

Fairfield, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

318

Business Age Description

Existing or more than 2 years old

Data Source: SBA.