Date Approved
04/10/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
BEST CUT CORP
Borrower Address
184 BOUNDARY RD
Borrower City
MARLBORO
Borrower State
NJ
Borrower Zip
07746-1058
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
485434.35
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MONMOUTH
Project State
Project Zip
CD
NJ-03
Jobs Reported
53
NAICS Code
561730
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
79203
Originating Lender
OceanFirst Bank, National Association
Originating Lender City
TOMS RIVER
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
489876.41
Forgiveness Date
03/18/2021