PPP Loan information for Shore health group

$2,000,000

Shore health group was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/28/2021 by The Valley National Bank reported 234 jobs and $2,000,000 was used to fund payroll.

Shore health group is Existing or more than 2 years old

SHORE HEALTH GROUP

Date Approved

04/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SHORE HEALTH GROUP

Borrower Address

1659 Route 88 Ste 2B

Borrower City

Brick

Borrower State

NJ

Borrower Zip

08724-3011

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Brick

Project County Name

OCEAN

Project State

NJ

Project Zip

08724-3011

CD

NJ-04

Jobs Reported

234

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Professional Association

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

2013388.89

Forgiveness Date

12/28/2021

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