PPP Loan information for Sultan palace inc

$64,352

Sultan palace inc was initially approved for PPP Loan of amount $64,352, the current approved amount is $64,352. The loan was approved on 04/03/2021 by The Cross River Bank reported 8 jobs and $64,352 was used to fund payroll.

Sultan palace inc is Existing or more than 2 years old

SULTAN PALACE INC

Date Approved

04/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SULTAN PALACE INC

Borrower Address

40 Main Street

Borrower City

Matawan

Borrower State

NJ

Borrower Zip

07747

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64352.00

Current Approval Amount

64352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Matawan

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07747

CD

NJ-04

Jobs Reported

8

NAICS Code

721199

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64351.00

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

Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64925.00

Forgiveness Date

02/25/2022

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