PPP Loan information for Red oak restaurant

$112,277

Red oak restaurant was initially approved for PPP Loan of amount $44,450, the current approved amount is $112,277. The loan was approved on 04/28/2020 by The Crest Savings Bank reported 13 jobs and $112,277 was used to fund payroll.

Red oak restaurant is Existing or more than 2 years old

RED OAK RESTAURANT

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RED OAK RESTAURANT

Borrower Address

230 E OAK AVE

Borrower City

WILDWOOD

Borrower State

NJ

Borrower Zip

08260-4818

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44450.00

Current Approval Amount

112277.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80150

Servicing Lender Name

Crest Savings Bank

Servicing Lender Address

3301 Pacific Ave

Servicing Lender City

WILDWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08260-4823

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILDWOOD

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4818

CD

NJ-02

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112277.37

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

Sole Proprietorship

Originating Lender Location Id

80150

Originating Lender

Crest Savings Bank

Originating Lender City

WILDWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113403.26

Forgiveness Date

05/04/2021

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