PPP Loan information for Asian food center of route 22 inc

$251,699

Asian food center of route 22 inc was initially approved for PPP Loan of amount $251,699, the current approved amount is $251,699. The loan was approved on 04/13/2020 by The Valley National Bank reported 48 jobs and $251,699 was used to fund payroll.

Asian food center of route 22 inc is Existing or more than 2 years old

PPP Loan Search / NJ / NORTH PLAINFIELD / Asian food center of route 22 inc

ASIAN FOOD CENTER OF ROUTE 22 INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ASIAN FOOD CENTER OF ROUTE 22 INC

Borrower Address

1011 ROUTE 22

Borrower City

NORTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07060-6677

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251699.00

Current Approval Amount

251699.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH PLAINFIELD

Project County Name

SOMERSET

Project State

NJ

Project Zip

07060-6677

CD

NJ-12

Jobs Reported

48

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251699.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253572.76

Forgiveness Date

01/14/2021

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