PPP Loan information for 501 jersey ave property llc

$810,030

501 jersey ave property llc was initially approved for PPP Loan of amount $810,030, the current approved amount is $810,030. The loan was approved on 05/06/2020 by The Celtic Bank Corporation reported 55 jobs and $810,030 was used to fund payroll.

501 jersey ave property llc is New Business or 2 years or less

501 JERSEY AVE PROPERTY LLC

Date Approved

05/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

501 JERSEY AVE PROPERTY LLC

Borrower Address

501 Jersey Avenue

Borrower City

New Brunswick

Borrower State

NJ

Borrower Zip

08901

Loan Status Date

01/21/2022

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

810030.00

Current Approval Amount

810030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

New Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08901-1000

CD

NJ-06

Jobs Reported

55

NAICS Code

531210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

101253.75

Payroll Proceed

607522.50

Mortgage Interest Proceed

0.00

Rent Proceed

101253.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;