PPP Loan information for Franks barber shop

$13,617

Franks barber shop was initially approved for PPP Loan of amount $13,617, the current approved amount is $13,617. The loan was approved on 04/28/2020 by The Valley National Bank reported 2 jobs and $13,617 was used to fund payroll.

Franks barber shop is Existing or more than 2 years old

PPP Loan Search / NJ / Watchung / Franks barber shop

FRANKS BARBER SHOP

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FRANKS BARBER SHOP

Borrower Address

730 Somerset Street

Borrower City

Watchung

Borrower State

NJ

Borrower Zip

07069

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13617.00

Current Approval Amount

13617.00

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

Watchung

Project County Name

SOMERSET

Project State

NJ

Project Zip

07069-0793

CD

NJ-07

Jobs Reported

2

NAICS Code

812111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13617.00

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

Sole Proprietorship

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13748.63

Forgiveness Date

04/20/2021

;