PPP Loan information for Algarve barbeque corporation

$398,809

Algarve barbeque corporation was initially approved for PPP Loan of amount $398,809, the current approved amount is $398,809. The loan was approved on 02/24/2021 by The Crown Bank reported 30 jobs and $398,809 was used to fund payroll.

Algarve barbeque corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Algarve barbeque corporation

ALGARVE BARBEQUE CORPORATION

Date Approved

02/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ALGARVE BARBEQUE CORPORATION

Borrower Address

656 van buren avenue

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-1625

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398809.04

Current Approval Amount

398809.04

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122482

Servicing Lender Name

Crown Bank

Servicing Lender Address

400 Westminster Ave

Servicing Lender City

ELIZABETH

Servicing Lender State

NJ

Servicing Lender Zip

07208-3207

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-1625

CD

NJ-08

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

398804.04

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

Corporation

Originating Lender Location Id

122482

Originating Lender

Crown Bank

Originating Lender City

ELIZABETH

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402653.12

Forgiveness Date

02/08/2022

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