PPP Loan information for Hotcakes & steaks inc

$898,223

Hotcakes & steaks inc was initially approved for PPP Loan of amount $898,223, the current approved amount is $898,223. The loan was approved on 03/12/2021 by The Sturdy Savings Bank reported 164 jobs and $898,223 was used to fund payroll.

Hotcakes & steaks inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cape May / Hotcakes & steaks inc

HOTCAKES & STEAKS INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

HOTCAKES & STEAKS INC

Borrower Address

261 Beach Ave Cape May

Borrower City

Cape May

Borrower State

NJ

Borrower Zip

08204-5381

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

898223.35

Current Approval Amount

898223.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80115

Servicing Lender Name

Sturdy Savings Bank

Servicing Lender Address

9417 Third Ave

Servicing Lender City

STONE HARBOR

Servicing Lender State

NJ

Servicing Lender Zip

08247-1926

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape May

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-5381

CD

NJ-02

Jobs Reported

164

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

898218.35

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

80115

Originating Lender

Sturdy Savings Bank

Originating Lender City

STONE HARBOR

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

907679.65

Forgiveness Date

04/06/2022

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