PPP Loan information for Porta at asbury llc

$769,199

Porta at asbury llc was initially approved for PPP Loan of amount $769,199, the current approved amount is $769,199. The loan was approved on 04/29/2020 by The Lakeland Bank reported 121 jobs and $769,199 was used to fund payroll.

Porta at asbury llc is Existing or more than 2 years old

PORTA AT ASBURY LLC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PORTA AT ASBURY LLC

Borrower Address

911 KINGSLEY ST

Borrower City

ASBURY PARK

Borrower State

NJ

Borrower Zip

07712-6216

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

769199.00

Current Approval Amount

769199.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASBURY PARK

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07712-6216

CD

NJ-06

Jobs Reported

121

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30582.00

Payroll Proceed

665355.02

Mortgage Interest Proceed

0.00

Rent Proceed

64343.96

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

8918.02

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

775542.26

Forgiveness Date

03/05/2021

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