PPP Loan information for Somerset gardens senior care, llc

$725,052

Somerset gardens senior care, llc was initially approved for PPP Loan of amount $725,052, the current approved amount is $725,052. The loan was approved on 04/28/2020 by The Valley National Bank reported 83 jobs and $725,052 was used to fund payroll.

Somerset gardens senior care, llc is Startup, Loan Funds will Open Business

PPP Loan Search / NJ / Fanwood / Somerset gardens senior care, llc

SOMERSET GARDENS SENIOR CARE, LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET GARDENS SENIOR CARE, LLC

Borrower Address

316 South Avenue

Borrower City

Fanwood

Borrower State

NJ

Borrower Zip

07023

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

725052.00

Current Approval Amount

725052.00

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

Startup, Loan Funds will Open Business

Project City

Fanwood

Project County Name

UNION

Project State

NJ

Project Zip

07023-0001

CD

NJ-07

Jobs Reported

83

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

725052.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

740781.60

Forgiveness Date

06/28/2022

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