PPP Loan information for Back on the racks llc

$76,645

Back on the racks llc was initially approved for PPP Loan of amount $76,645, the current approved amount is $76,645. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 20 jobs and $76,645 was used to fund payroll.

Back on the racks llc is Existing or more than 2 years old

BACK ON THE RACKS LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BACK ON THE RACKS LLC

Borrower Address

1121 HIGHWAY 35

Borrower City

OCEAN

Borrower State

NJ

Borrower Zip

07712

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76645.00

Current Approval Amount

76645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07712-0001

CD

NJ-04

Jobs Reported

20

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76645.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77427.42

Forgiveness Date

05/12/2021

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