PPP Loan information for Cranford restaurants llc

$293,478

Cranford restaurants llc was initially approved for PPP Loan of amount $293,478, the current approved amount is $293,478. The loan was approved on 02/01/2021 by The Loan Source Incorporated reported 25 jobs and $293,478 was used to fund payroll.

Cranford restaurants llc is Existing or more than 2 years old

CRANFORD RESTAURANTS LLC

Date Approved

02/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CRANFORD RESTAURANTS LLC

Borrower Address

3 South Ave W

Borrower City

Cranford

Borrower State

NJ

Borrower Zip

07016-2649

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

293478.00

Current Approval Amount

293478.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Cranford

Project County Name

UNION

Project State

NJ

Project Zip

07016-2649

CD

NJ-10

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

293475.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

296059.00

Forgiveness Date

01/03/2022

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