PPP Loan information for Emerson convalescent center, inc.

$1,721,260

Emerson convalescent center, inc. was initially approved for PPP Loan of amount $1,721,260, the current approved amount is $1,721,260. The loan was approved on 04/07/2020 by The Valley National Bank reported 215 jobs and $1,721,260 was used to fund payroll.

Emerson convalescent center, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / EMERSON / Emerson convalescent center, inc.

EMERSON CONVALESCENT CENTER, INC.

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EMERSON CONVALESCENT CENTER, INC.

Borrower Address

100 Kinderkamack Road

Borrower City

EMERSON

Borrower State

NJ

Borrower Zip

07630-1828

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1721260.00

Current Approval Amount

1721260.00

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

EMERSON

Project County Name

BERGEN

Project State

NJ

Project Zip

07630-1828

CD

NJ-05

Jobs Reported

215

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1721260.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1737420.72

Forgiveness Date

03/18/2021

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