PPP Loan information for Philipsburg operating group

$212,500

Philipsburg operating group was initially approved for PPP Loan of amount $212,500, the current approved amount is $212,500. The loan was approved on 04/13/2020 by The TD Bank, National Association reported 45 jobs and $212,500 was used to fund payroll.

Philipsburg operating group is New Business or 2 years or less

PHILIPSBURG OPERATING GROUP

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PHILIPSBURG OPERATING GROUP

Borrower Address

1313 US HIGHWAY 22 W

Borrower City

PHILLIPSBURG

Borrower State

NJ

Borrower Zip

08865-4103

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212500.00

Current Approval Amount

212500.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PHILLIPSBURG

Project County Name

WARREN

Project State

NJ

Project Zip

08865-4103

CD

NJ-07

Jobs Reported

45

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

212500.00

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

Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182324.27

Forgiveness Date

08/12/2021

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