PPP Loan information for Simplified culinary services inc

$249,507

Simplified culinary services inc was initially approved for PPP Loan of amount $98,022, the current approved amount is $249,507. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 69 jobs and $249,507 was used to fund payroll.

Simplified culinary services inc is Existing or more than 2 years old

SIMPLIFIED CULINARY SERVICES INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SIMPLIFIED CULINARY SERVICES INC

Borrower Address

818 SINCLAIR RD

Borrower City

POINT PLEASANT BORO

Borrower State

NJ

Borrower Zip

08742-2376

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98022.00

Current Approval Amount

249506.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POINT PLEASANT BORO

Project County Name

OCEAN

Project State

NJ

Project Zip

08742-2376

CD

NJ-04

Jobs Reported

69

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249506.58

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251467.87

Forgiveness Date

03/11/2021

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