PPP Loan information for Fair haven yacht works, inc

$77,200

Fair haven yacht works, inc was initially approved for PPP Loan of amount $80,000, the current approved amount is $77,200. The loan was approved on 04/15/2020 by The Magyar Bank reported 5 jobs and $77,200 was used to fund payroll.

Fair haven yacht works, inc is Existing or more than 2 years old

FAIR HAVEN YACHT WORKS, INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FAIR HAVEN YACHT WORKS, INC

Borrower Address

75 DE NORMANDIE AVE

Borrower City

FAIR HAVEN

Borrower State

NJ

Borrower Zip

07704-3341

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

77200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIR HAVEN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07704-3341

CD

NJ-06

Jobs Reported

5

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77200.00

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

Corporation

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

77650.33

Forgiveness Date

11/30/2020

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