PPP Loan information for Avalon bagel, inc

$27,860

Avalon bagel, inc was initially approved for PPP Loan of amount $30,911, the current approved amount is $27,860. The loan was approved on 04/11/2020 by The Quaint Oak Bank reported 11 jobs and $27,860 was used to fund payroll.

Avalon bagel, inc is New Business or 2 years or less

AVALON BAGEL, INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AVALON BAGEL, INC

Borrower Address

3167 Route 9 South

Borrower City

RIO GRANDE

Borrower State

NJ

Borrower Zip

08242-2061

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30911.10

Current Approval Amount

27860.31

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89607

Servicing Lender Name

Quaint Oak Bank

Servicing Lender Address

501 Knowles Ave

Servicing Lender City

SOUTHAMPTON

Servicing Lender State

PA

Servicing Lender Zip

18966-3874

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RIO GRANDE

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08242-0151

CD

NJ-02

Jobs Reported

11

NAICS Code

445299

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27860.31

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

89607

Originating Lender

Quaint Oak Bank

Originating Lender City

SOUTHAMPTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28155.94

Forgiveness Date

05/17/2021

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