PPP Loan information for Fernandes restaurant ii, inc

$278,960

Fernandes restaurant ii, inc was initially approved for PPP Loan of amount $278,960, the current approved amount is $278,960. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 37 jobs and $278,960 was used to fund payroll.

Fernandes restaurant ii, inc is Existing or more than 2 years old

FERNANDES RESTAURANT II, INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FERNANDES RESTAURANT II, INC

Borrower Address

158 Fleming Avenue

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278960.00

Current Approval Amount

278960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278960.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282192.88

Forgiveness Date

07/02/2021

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