PPP Loan information for Sovereign medical group llc

$2,000,000

Sovereign medical group llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The First IC Bank reported 250 jobs and $2,000,000 was used to fund payroll.

Sovereign medical group llc is Existing or more than 2 years old

PPP Loan Search / NJ / Glen Rock / Sovereign medical group llc

SOVEREIGN MEDICAL GROUP LLC

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SOVEREIGN MEDICAL GROUP LLC

Borrower Address

85 Harristown Rd

Borrower City

Glen Rock

Borrower State

NJ

Borrower Zip

07452-3307

Loan Status Date

04/16/2022

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

124289

Servicing Lender Name

First IC Bank

Servicing Lender Address

5593 Buford Hwy

Servicing Lender City

DORAVILLE

Servicing Lender State

GA

Servicing Lender Zip

30340-1225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Rock

Project County Name

BERGEN

Project State

NJ

Project Zip

07452-3307

CD

NJ-05

Jobs Reported

250

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

124289

Originating Lender

First IC Bank

Originating Lender City

DORAVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2021424.66

Forgiveness Date

03/16/2022

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