PPP Loan information for Eastern management company

$395,000

Eastern management company was initially approved for PPP Loan of amount $395,000, the current approved amount is $395,000. The loan was approved on 04/27/2020 by The Lakeland Bank reported 28 jobs and $395,000 was used to fund payroll.

Eastern management company is Existing or more than 2 years old

EASTERN MANAGEMENT COMPANY

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EASTERN MANAGEMENT COMPANY

Borrower Address

4 CEDARBROOK DR

Borrower City

CRANBURY

Borrower State

NJ

Borrower Zip

08512-3612

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395000.00

Current Approval Amount

395000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRANBURY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08512-3612

CD

NJ-03

Jobs Reported

28

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

311530.00

Mortgage Interest Proceed

0.00

Rent Proceed

75000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4470.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

399339.59

Forgiveness Date

06/04/2021

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