PPP Loan information for Simplicity title, llc

$726,700

Simplicity title, llc was initially approved for PPP Loan of amount $726,700, the current approved amount is $726,700. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 39 jobs and $726,700 was used to fund payroll.

Simplicity title, llc is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERVILLE / Simplicity title, llc

SIMPLICITY TITLE, LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SIMPLICITY TITLE, LLC

Borrower Address

70 GROVE ST

Borrower City

SOMERVILLE

Borrower State

NJ

Borrower Zip

08876-1916

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726700.00

Current Approval Amount

726700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-1916

CD

NJ-07

Jobs Reported

39

NAICS Code

541191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

726700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

733011.34

Forgiveness Date

03/05/2021

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