PPP Loan information for The palace at somerset park holding company llc

$763,400

The palace at somerset park holding company llc was initially approved for PPP Loan of amount $763,400, the current approved amount is $763,400. The loan was approved on 04/11/2020 by The First Bank reported 44 jobs and $763,400 was used to fund payroll.

The palace at somerset park holding company llc is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / The palace at somerset park holding company llc

THE PALACE AT SOMERSET PARK HOLDING COMPANY LLC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE PALACE AT SOMERSET PARK HOLDING COMPANY LLC

Borrower Address

333 DAVIDSON AVE

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-4119

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

763400.00

Current Approval Amount

763400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

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

08873-4119

CD

NJ-12

Jobs Reported

44

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

763400.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

769716.35

Forgiveness Date

02/18/2021

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