PPP Loan information for Vaid hotcakes inc

$100,892

Vaid hotcakes inc was initially approved for PPP Loan of amount $100,892, the current approved amount is $100,892. The loan was approved on 04/15/2020 by The New Millennium Bank reported 35 jobs and $100,892 was used to fund payroll.

Vaid hotcakes inc is Existing or more than 2 years old

VAID HOTCAKES INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VAID HOTCAKES INC

Borrower Address

2200 STATE ROUTE 66

Borrower City

NEPTUNE

Borrower State

NJ

Borrower Zip

07753-4062

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100892.00

Current Approval Amount

100892.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

124112

Servicing Lender Name

New Millennium Bank

Servicing Lender Address

222 Bridge Plz South, Ste 400

Servicing Lender City

FORT LEE

Servicing Lender State

NJ

Servicing Lender Zip

07024-5730

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEPTUNE

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07753-4062

CD

NJ-06

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100892.00

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

124112

Originating Lender

New Millennium Bank

Originating Lender City

FORT LEE

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101958.97

Forgiveness Date

05/17/2021

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