PPP Loan information for Red bank donuts inc

$87,910

Red bank donuts inc was initially approved for PPP Loan of amount $87,910, the current approved amount is $87,910. The loan was approved on 01/25/2021 by The Valley National Bank reported 12 jobs and $87,910 was used to fund payroll.

Red bank donuts inc is Existing or more than 2 years old

PPP Loan Search / NJ / Red Bank / Red bank donuts inc

RED BANK DONUTS INC

Date Approved

01/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RED BANK DONUTS INC

Borrower Address

30 Water St

Borrower City

Red Bank

Borrower State

NJ

Borrower Zip

07701-1165

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87909.50

Current Approval Amount

87909.50

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

Red Bank

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-1165

CD

NJ-06

Jobs Reported

12

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87908.50

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88441.84

Forgiveness Date

09/08/2021

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