PPP Loan information for 31 arkansas ave llc

$498,071

31 arkansas ave llc was initially approved for PPP Loan of amount $498,071, the current approved amount is $498,071. The loan was approved on 03/12/2021 by The Valley National Bank reported 83 jobs and $498,071 was used to fund payroll.

31 arkansas ave llc is Existing or more than 2 years old

PPP Loan Search / NJ / Atlantic City / 31 arkansas ave llc

31 ARKANSAS AVE LLC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

31 ARKANSAS AVE LLC

Borrower Address

25 S New York Ave

Borrower City

Atlantic City

Borrower State

NJ

Borrower Zip

08401-8008

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

498071.00

Current Approval Amount

498071.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Atlantic City

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08401-8008

CD

NJ-02

Jobs Reported

83

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

498071.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

501737.36

Forgiveness Date

12/07/2021

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