PPP Loan information for The new method montclair inc.

$32,158

The new method montclair inc. was initially approved for PPP Loan of amount $32,158, the current approved amount is $32,158. The loan was approved on 02/09/2021 by The Live Oak Banking Company reported 15 jobs and $32,158 was used to fund payroll.

The new method montclair inc. is Existing or more than 2 years old

THE NEW METHOD MONTCLAIR INC.

Date Approved

02/09/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE NEW METHOD MONTCLAIR INC.

Borrower Address

493 Bloomfield Ave

Borrower City

Montclair

Borrower State

NJ

Borrower Zip

07042-3406

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32158.00

Current Approval Amount

32158.00

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

Existing or more than 2 years old

Project City

Montclair

Project County Name

ESSEX

Project State

NJ

Project Zip

07042-3406

CD

NJ-11

Jobs Reported

15

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32157.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32386.19

Forgiveness Date

11/09/2021

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