PPP Loan information for Raymond's restaurant corp

$744,748

Raymond's restaurant corp was initially approved for PPP Loan of amount $744,748, the current approved amount is $744,748. The loan was approved on 01/27/2021 by The Valley National Bank reported 83 jobs and $744,748 was used to fund payroll.

Raymond's restaurant corp is Existing or more than 2 years old

PPP Loan Search / NJ / Montclair / Raymond's restaurant corp

RAYMOND'S RESTAURANT CORP

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RAYMOND'S RESTAURANT CORP

Borrower Address

28 Church St

Borrower City

Montclair

Borrower State

NJ

Borrower Zip

07042-2702

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

744747.50

Current Approval Amount

744747.50

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

Montclair

Project County Name

ESSEX

Project State

NJ

Project Zip

07042-2702

CD

NJ-11

Jobs Reported

83

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

744740.50

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

752194.97

Forgiveness Date

02/01/2022

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