Date Approved
05/01/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
J & L CYCLE, LLC
Borrower Address
40 Gordon Drive
Borrower City
Totowa
Borrower State
NJ
Borrower Zip
07512
Loan Status Date
08/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
57463.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
223542
Servicing Lender Name
Celtic Bank Corporation
Servicing Lender Address
268 S State St, Ste 300
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-5314
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PASSAIC
Project State
Project Zip
07512-1000
CD
NJ-11
Jobs Reported
10
NAICS Code
453998
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
43097.25
Mortgage Interest Proceed
Rent Proceed
14365.75
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
58176.17
Forgiveness Date
07/29/2021