PPP Loan information for Franco's barbershop

$5,000

Franco's barbershop was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 10 jobs and $5,000 was used to fund payroll.

Franco's barbershop is Existing or more than 2 years old

FRANCO'S BARBERSHOP

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FRANCO'S BARBERSHOP

Borrower Address

5 Ronald Drive

Borrower City

East Hanover

Borrower State

NJ

Borrower Zip

07936

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Hanover

Project County Name

MORRIS

Project State

NJ

Project Zip

07936-0001

CD

NJ-11

Jobs Reported

10

NAICS Code

812111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5060.96

Forgiveness Date

07/26/2021

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