Date Approved
04/30/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
HEMMINGS AT ASBURY, LLC
Borrower Address
601 BANGS AVE
Borrower City
ASBURY PARK
Borrower State
NJ
Borrower Zip
07712-6925
Loan Status Date
03/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
398581.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45621
Servicing Lender Name
Lakeland Bank
Servicing Lender Address
2717 Rte 23 South
Servicing Lender City
NEWFOUNDLAND
Servicing Lender State
Servicing Lender Zip
07435-1441
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONMOUTH
Project State
Project Zip
CD
NJ-06
Jobs Reported
56
NAICS Code
722513
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
13351.58
Payroll Proceed
365114.60
Mortgage Interest Proceed
Rent Proceed
19530.03
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
584.79
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
401649.53
Forgiveness Date
02/16/2021