PPP Loan information for Raymonds restaurant corp

$531,965

Raymonds restaurant corp was initially approved for PPP Loan of amount $531,965, the current approved amount is $531,965. The loan was approved on 04/15/2020 by The Valley National Bank reported 83 jobs and $531,965 was used to fund payroll.

Raymonds restaurant corp is Existing or more than 2 years old

RAYMONDS RESTAURANT CORP

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAYMONDS RESTAURANT CORP

Borrower Address

28 Church Street

Borrower City

MONTCLAIR

Borrower State

NJ

Borrower Zip

07042

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531965.00

Current Approval Amount

531965.00

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

07042-0091

CD

NJ-11

Jobs Reported

83

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

531965.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

539722.82

Forgiveness Date

10/04/2021

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