PPP Loan information for Martelli development group llc

$195,650

Martelli development group llc was initially approved for PPP Loan of amount $195,650, the current approved amount is $195,650. The loan was approved on 04/10/2020 by The Valley National Bank reported 13 jobs and $195,650 was used to fund payroll.

Martelli development group llc is Existing or more than 2 years old

PPP Loan Search / NJ / LINCROFT / Martelli development group llc

MARTELLI DEVELOPMENT GROUP LLC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MARTELLI DEVELOPMENT GROUP LLC

Borrower Address

716 Newman Springs Road

Borrower City

LINCROFT

Borrower State

NJ

Borrower Zip

07738-1523

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195650.00

Current Approval Amount

195650.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCROFT

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07738-1523

CD

NJ-04

Jobs Reported

13

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195650.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197916.28

Forgiveness Date

06/14/2021

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