PPP Loan information for 38 40 freneau avenue operating company,llc

$2,034,772

38 40 freneau avenue operating company,llc was initially approved for PPP Loan of amount $2,034,772, the current approved amount is $2,034,772. The loan was approved on 04/28/2020 by The Valley National Bank reported 212 jobs and $2,034,772 was used to fund payroll.

38 40 freneau avenue operating company,llc is Existing or more than 2 years old

PPP Loan Search / NJ / Matawan / 38 40 freneau avenue operating company,llc

38 40 FRENEAU AVENUE OPERATING COMPANY,LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

38 40 FRENEAU AVENUE OPERATING COMPANY,LLC

Borrower Address

40 Freneau Ave.

Borrower City

Matawan

Borrower State

NJ

Borrower Zip

07747

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2034772.00

Current Approval Amount

2034772.00

Undisbursed Amount

0.00

Franchise Name

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Matawan

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07747-0001

CD

NJ-06

Jobs Reported

212

NAICS Code

623110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2034772.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2057267.53

Forgiveness Date

06/11/2021

;