PPP Loan information for Fernandes restaurant ii inc

$391,044

Fernandes restaurant ii inc was initially approved for PPP Loan of amount $391,044, the current approved amount is $391,044. The loan was approved on 02/02/2021 by The Loan Source Incorporated reported 37 jobs and $391,044 was used to fund payroll.

Fernandes restaurant ii inc is Existing or more than 2 years old

FERNANDES RESTAURANT II INC

Date Approved

02/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FERNANDES RESTAURANT II INC

Borrower Address

158 Fleming Ave

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-4008

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

391044.00

Current Approval Amount

391044.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

07105-4008

CD

NJ-08

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

391042.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

394033.08

Forgiveness Date

11/17/2021

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