PPP Loan information for Acre mortgage & financial, inc.

$1,252,740

Acre mortgage & financial, inc. was initially approved for PPP Loan of amount $1,252,740, the current approved amount is $1,252,740. The loan was approved on 04/08/2020 by The Lakeland Bank reported 79 jobs and $1,252,740 was used to fund payroll.

Acre mortgage & financial, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / MARLTON / Acre mortgage & financial, inc.

ACRE MORTGAGE & FINANCIAL, INC.

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACRE MORTGAGE & FINANCIAL, INC.

Borrower Address

70 EAST MAIN ST

Borrower City

MARLTON

Borrower State

NJ

Borrower Zip

08053-2141

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1252740.00

Current Approval Amount

1252740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARLTON

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08053-2141

CD

NJ-03

Jobs Reported

79

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8504.00

Payroll Proceed

1156230.00

Mortgage Interest Proceed

0.00

Rent Proceed

65576.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22430.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1263894.53

Forgiveness Date

03/05/2021

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