PPP Loan information for B and j restaurant inc

$227,518

B and j restaurant inc was initially approved for PPP Loan of amount $227,518, the current approved amount is $227,518. The loan was approved on 04/30/2020 by The Industrial Bank reported 32 jobs and $227,518 was used to fund payroll.

B and j restaurant inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / B and j restaurant inc

B AND J RESTAURANT INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

B AND J RESTAURANT INC

Borrower Address

11 FRANKLIN ST

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07102-3503

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227518.00

Current Approval Amount

227518.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16803

Servicing Lender Name

Industrial Bank

Servicing Lender Address

4812 Georgia Ave NW

Servicing Lender City

WASHINGTON

Servicing Lender State

DC

Servicing Lender Zip

20011-4522

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-3503

CD

NJ-10

Jobs Reported

32

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

227518.00

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

Corporation

Originating Lender Location Id

16803

Originating Lender

Industrial Bank

Originating Lender City

WASHINGTON

Originating Lender State

DC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229515.10

Forgiveness Date

03/30/2021

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