PPP Loan information for Mambo lounge

$67,630

Mambo lounge was initially approved for PPP Loan of amount $67,630, the current approved amount is $67,630. The loan was approved on 02/12/2021 by The Valley National Bank reported 23 jobs and $67,630 was used to fund payroll.

Mambo lounge is Existing or more than 2 years old

MAMBO LOUNGE

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAMBO LOUNGE

Borrower Address

62 Dover St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07501-3626

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67630.00

Current Approval Amount

67630.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07501-3626

CD

NJ-09

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

67628.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68520.46

Forgiveness Date

06/09/2022

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