PPP Loan information for American financial network llc

$128,000

American financial network llc was initially approved for PPP Loan of amount $128,000, the current approved amount is $128,000. The loan was approved on 04/29/2020 by The Cornerstone Bank reported 6 jobs and $128,000 was used to fund payroll.

American financial network llc is Existing or more than 2 years old

AMERICAN FINANCIAL NETWORK LLC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN FINANCIAL NETWORK LLC

Borrower Address

14 WALSH DR

Borrower City

PARSIPPANY

Borrower State

NJ

Borrower Zip

07054-1063

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128000.00

Current Approval Amount

128000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARSIPPANY

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-1063

CD

NJ-11

Jobs Reported

6

NAICS Code

523999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105000.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128869.70

Forgiveness Date

01/11/2021

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