PPP Loan information for Norwood terrace health center llc

$993,102

Norwood terrace health center llc was initially approved for PPP Loan of amount $993,102, the current approved amount is $993,102. The loan was approved on 04/28/2020 by The Valley National Bank reported 130 jobs and $993,102 was used to fund payroll.

Norwood terrace health center llc is Existing or more than 2 years old

NORWOOD TERRACE HEALTH CENTER LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NORWOOD TERRACE HEALTH CENTER LLC

Borrower Address

245 Birchwood Ave

Borrower City

Cranford

Borrower State

NJ

Borrower Zip

07016

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

993102.00

Current Approval Amount

993102.00

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

Cranford

Project County Name

UNION

Project State

NJ

Project Zip

07016-0001

CD

NJ-10

Jobs Reported

130

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

993102.00

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

1013129.56

Forgiveness Date

05/03/2022

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