PPP Loan information for Promise care holdings llc

$947,986

Promise care holdings llc was initially approved for PPP Loan of amount $947,986, the current approved amount is $947,986. The loan was approved on 04/29/2020 by The Forbright Bank reported 94 jobs and $947,986 was used to fund payroll.

Promise care holdings llc is New Business or 2 years or less

PROMISE CARE HOLDINGS LLC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROMISE CARE HOLDINGS LLC

Borrower Address

576 CENTRAL AVENUE SUITE 301

Borrower City

EAST ORANGE

Borrower State

NJ

Borrower Zip

07018-1943

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

947986.17

Current Approval Amount

947986.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EAST ORANGE

Project County Name

ESSEX

Project State

NJ

Project Zip

07018-1943

CD

NJ-10

Jobs Reported

94

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

947986.17

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

958545.68

Forgiveness Date

06/11/2021

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