PPP Loan information for The martin and edith stein assited living residence

$660,000

The martin and edith stein assited living residence was initially approved for PPP Loan of amount $660,000, the current approved amount is $660,000. The loan was approved on 04/28/2020 by The Valley National Bank reported 95 jobs and $660,000 was used to fund payroll.

The martin and edith stein assited living residence is Existing or more than 2 years old

PPP Loan Search / NJ / Somerset / The martin and edith stein assited living residence

THE MARTIN AND EDITH STEIN ASSITED LIVING RESIDENCE

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE MARTIN AND EDITH STEIN ASSITED LIVING RESIDENCE

Borrower Address

350 DeMott Lane

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

660000.00

Current Approval Amount

660000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1000

CD

NJ-12

Jobs Reported

95

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

660000.00

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

Non-Profit Organization

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

664730.00

Forgiveness Date

01/20/2021

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