PPP Loan information for Spring lake banquet operations

$335,709

Spring lake banquet operations was initially approved for PPP Loan of amount $335,709, the current approved amount is $335,709. The loan was approved on 02/25/2021 by The Loan Source Incorporated reported 25 jobs and $335,709 was used to fund payroll.

Spring lake banquet operations is Existing or more than 2 years old

SPRING LAKE BANQUET OPERATIONS

Date Approved

02/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SPRING LAKE BANQUET OPERATIONS

Borrower Address

847 Arnold Ave

Borrower City

Point Pleasant Boro

Borrower State

NJ

Borrower Zip

08742-2401

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335709.00

Current Approval Amount

335709.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

08742-2401

CD

NJ-04

Jobs Reported

25

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

335706.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

338744.18

Forgiveness Date

01/28/2022

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