PPP Loan information for Fornos restaurant inc

$491,223

Fornos restaurant inc was initially approved for PPP Loan of amount $491,223, the current approved amount is $491,223. The loan was approved on 06/01/2020 by The Santander Bank, National Association reported 50 jobs and $491,223 was used to fund payroll.

Fornos restaurant inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Fornos restaurant inc

FORNOS RESTAURANT INC

Date Approved

06/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FORNOS RESTAURANT INC

Borrower Address

47 Ferry St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491222.50

Current Approval Amount

491222.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

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

07105-0001

CD

NJ-08

Jobs Reported

50

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

491222.50

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495233.03

Forgiveness Date

04/05/2021

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