Date Approved
04/05/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
SOUDERTON WEN, LLC
Borrower Address
1420 MEETING HOUSE RD
Borrower City
SEA GIRT
Borrower State
NJ
Borrower Zip
08750-2203
Loan Status Date
06/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
97500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Wendy's
Servicing Lender Location Id
4924
Servicing Lender Name
City National Bank
Servicing Lender Address
555 S Flower St
Servicing Lender City
LOS ANGELES
Servicing Lender State
CA
Servicing Lender Zip
90071-2300
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MONMOUTH
Project State
Project Zip
CD
NJ-04
Jobs Reported
26
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
73125.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
24375.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
98573.84
Forgiveness Date
06/01/2021