PPP Loan information for El merengue restaurant inc

$79,865

El merengue restaurant inc was initially approved for PPP Loan of amount $79,865, the current approved amount is $79,865. The loan was approved on 06/10/2020 by The WebBank reported 21 jobs and $79,865 was used to fund payroll.

El merengue restaurant inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / El merengue restaurant inc

EL MERENGUE RESTAURANT INC

Date Approved

06/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EL MERENGUE RESTAURANT INC

Borrower Address

183-183 Broadway

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07104-3802

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79865.00

Current Approval Amount

79865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07104-3802

CD

NJ-08

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79865.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80705.80

Forgiveness Date

06/28/2021

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