PPP Loan information for Cranford park rehabilitation and healthcare center

$914,477

Cranford park rehabilitation and healthcare center was initially approved for PPP Loan of amount $914,477, the current approved amount is $914,477. The loan was approved on 07/30/2020 by The Valley National Bank reported 107 jobs and $914,477 was used to fund payroll.

Cranford park rehabilitation and healthcare center is Existing or more than 2 years old

CRANFORD PARK REHABILITATION AND HEALTHCARE CENTER

Date Approved

07/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CRANFORD PARK REHABILITATION AND HEALTHCARE CENTER

Borrower Address

600 LINCOLN PARK E

Borrower City

CRANFORD

Borrower State

NJ

Borrower Zip

07016-3117

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

914477.00

Current Approval Amount

914477.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CRANFORD

Project County Name

UNION

Project State

NJ

Project Zip

07016-3117

CD

NJ-10

Jobs Reported

107

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45724.00

Payroll Proceed

594410.00

Mortgage Interest Proceed

0.00

Rent Proceed

274343.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

930277.13

Forgiveness Date

04/19/2022

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