PPP Loan information for Lot less closeouts, inc

$2,301,392

Lot less closeouts, inc was initially approved for PPP Loan of amount $2,301,392, the current approved amount is $2,301,392. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 390 jobs and $2,301,392 was used to fund payroll.

Lot less closeouts, inc is Existing or more than 2 years old

LOT LESS CLOSEOUTS, INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LOT LESS CLOSEOUTS, INC

Borrower Address

90 OAK STREET 0.0

Borrower City

CLIFTON

Borrower State

NJ

Borrower Zip

07014-1704

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2301392.00

Current Approval Amount

2301392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIFTON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07014-1704

CD

NJ-09

Jobs Reported

390

NAICS Code

452319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1726044.00

Mortgage Interest Proceed

0.00

Rent Proceed

575348.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2328894.91

Forgiveness Date

06/24/2021

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