Date Approved
03/28/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
PRAISE KOREAN CULTURAL COMMUNITY INC
Borrower Address
15 Cedar Grove Ln
Borrower City
Somerset
Borrower State
NJ
Borrower Zip
08873-1377
Loan Status Date
10/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
7796.00
Current Approval Amount
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
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SOMERSET
Project State
Project Zip
CD
NJ-12
Jobs Reported
18
NAICS Code
624110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
7792.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Y
Forgiveness Amount
7909.63
Forgiveness Date
09/15/2022