PPP Loan information for The new method montclair inc

$55,700

The new method montclair inc was initially approved for PPP Loan of amount $55,700, the current approved amount is $55,700. The loan was approved on 04/15/2020 by The Live Oak Banking Company reported 18 jobs and $55,700 was used to fund payroll.

The new method montclair inc is New Business or 2 years or less

PPP Loan Search / NJ / Montclair / The new method montclair inc

THE NEW METHOD MONTCLAIR INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE NEW METHOD MONTCLAIR INC

Borrower Address

493 Bloomfield Ave

Borrower City

Montclair

Borrower State

NJ

Borrower Zip

07042

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55700.00

Current Approval Amount

55700.00

Undisbursed Amount

0.00

Franchise Name

The Bar Method

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Montclair

Project County Name

ESSEX

Project State

NJ

Project Zip

07042-0091

CD

NJ-11

Jobs Reported

18

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55700.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56377.56

Forgiveness Date

07/07/2021

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