PPP Loan information for El merengue restaurant inc

$111,810

El merengue restaurant inc was initially approved for PPP Loan of amount $111,810, the current approved amount is $111,810. The loan was approved on 02/11/2021 by The Customers Bank reported 21 jobs and $111,810 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

02/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EL MERENGUE RESTAURANT INC

Borrower Address

183 Broadway # 183

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07104-3802

Loan Status Date

02/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111810.00

Current Approval Amount

111810.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

1.00

Payroll Proceed

111808.00

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

112897.47

Forgiveness Date

02/03/2022

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