PPP Loan information for Molinelli farms inc.

$112,000

Molinelli farms inc. was initially approved for PPP Loan of amount $112,000, the current approved amount is $112,000. The loan was approved on 04/28/2020 by The Newfield National Bank reported 31 jobs and $112,000 was used to fund payroll.

Molinelli farms inc. is Existing or more than 2 years old

MOLINELLI FARMS INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MOLINELLI FARMS INC.

Borrower Address

5588 Chestnut Avenue

Borrower City

VINELAND

Borrower State

NJ

Borrower Zip

08360

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112000.00

Current Approval Amount

112000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45091

Servicing Lender Name

Newfield National Bank

Servicing Lender Address

18 S West Blvd

Servicing Lender City

NEWFIELD

Servicing Lender State

NJ

Servicing Lender Zip

08344-9558

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINELAND

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-1500

CD

NJ-02

Jobs Reported

31

NAICS Code

111211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112000.00

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

45091

Originating Lender

Newfield National Bank

Originating Lender City

NEWFIELD

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112665.86

Forgiveness Date

12/14/2020

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