PPP Loan information for Homestead rehabilitation & health care center

$1,215,230

Homestead rehabilitation & health care center was initially approved for PPP Loan of amount $1,215,230, the current approved amount is $1,215,230. The loan was approved on 07/21/2020 by The Valley National Bank reported 135 jobs and $1,215,230 was used to fund payroll.

Homestead rehabilitation & health care center is Existing or more than 2 years old

PPP Loan Search / NJ / NEWTON / Homestead rehabilitation & health care center

HOMESTEAD REHABILITATION & HEALTH CARE CENTER

Date Approved

07/21/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HOMESTEAD REHABILITATION & HEALTH CARE CENTER

Borrower Address

129 MORRIS TPKE

Borrower City

NEWTON

Borrower State

NJ

Borrower Zip

07860-4913

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1215230.00

Current Approval Amount

1215230.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

SUSSEX

Project State

NJ

Project Zip

07860-4913

CD

NJ-05

Jobs Reported

135

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60761.00

Payroll Proceed

789900.00

Mortgage Interest Proceed

0.00

Rent Proceed

364569.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1233829.77

Forgiveness Date

02/16/2022

;