Date Approved
01/29/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
LEMON TREE DEVELOPMENT LLC
Borrower Address
55 Eagle Rock Ave Unit 6
Borrower City
East Hanover
Borrower State
NJ
Borrower Zip
07936-3143
Loan Status Date
10/23/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
82000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Lemon Tree Family Salons
Servicing Lender Location Id
432941
Servicing Lender Name
ConnectOne Bank
Servicing Lender Address
301 Sylvan Ave
Servicing Lender City
ENGLEWOOD CLIFFS
Servicing Lender State
Servicing Lender Zip
07632-2539
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORRIS
Project State
Project Zip
CD
NJ-11
Jobs Reported
5
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
81997.00
Mortgage Interest Proceed
Rent Proceed
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
82478.33
Forgiveness Date
09/07/2021