PPP Loan information for Massarelli's lawn ornaments inc

$887,143

Massarelli's lawn ornaments inc was initially approved for PPP Loan of amount $887,143, the current approved amount is $887,143. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 80 jobs and $887,143 was used to fund payroll.

Massarelli's lawn ornaments inc is Existing or more than 2 years old

PPP Loan Search / NJ / HAMMONTON / Massarelli's lawn ornaments inc

MASSARELLI'S LAWN ORNAMENTS INC

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MASSARELLI'S LAWN ORNAMENTS INC

Borrower Address

500 S Egg Harbor Road

Borrower City

HAMMONTON

Borrower State

NJ

Borrower Zip

08037-3341

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

887142.50

Current Approval Amount

887142.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMONTON

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08037-3341

CD

NJ-01

Jobs Reported

80

NAICS Code

327310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

887142.50

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

Subchapter S Corporation

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

896013.93

Forgiveness Date

04/22/2021

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