Date Approved
02/04/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
SPICE RACK INC
Borrower Address
3079 State Route 27 Unit A
Borrower City
Franklin Park
Borrower State
NJ
Borrower Zip
08823-1364
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
246474.58
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
117644
Servicing Lender Name
Unity Bank
Servicing Lender Address
64 Old Hwy 22
Servicing Lender City
CLINTON
Servicing Lender State
Servicing Lender Zip
08809-1305
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SOMERSET
Project State
Project Zip
CD
NJ-12
Jobs Reported
16
NAICS Code
722511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
246471.58
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
247809.65
Forgiveness Date
08/24/2021