PPP Loan information for Morakinyo alao

$20,832

Morakinyo alao was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 02/25/2021 by The Cross River Bank reported 1 jobs and $20,832 was used to fund payroll.

Morakinyo alao is Existing or more than 2 years old

MORAKINYO ALAO

Date Approved

02/25/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MORAKINYO ALAO

Borrower Address

7424 159th Pl

Borrower City

Tinley Park

Borrower State

IL

Borrower Zip

60477-6701

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tinley Park

Project County Name

COOK

Project State

IL

Project Zip

60477-6701

CD

IL-06

Jobs Reported

1

NAICS Code

812990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Sole Proprietorship

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20938.73

Forgiveness Date

09/01/2021

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