PPP Loan information for 85 venture group, inc

$360,870

85 venture group, inc was initially approved for PPP Loan of amount $360,870, the current approved amount is $360,870. The loan was approved on 04/13/2020 by The Manasquan Bank reported 54 jobs and $360,870 was used to fund payroll.

85 venture group, inc is Existing or more than 2 years old

85 VENTURE GROUP, INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

85 VENTURE GROUP, INC

Borrower Address

815 Route 37 West

Borrower City

Toms River

Borrower State

NJ

Borrower Zip

08755

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360870.00

Current Approval Amount

360870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87220

Servicing Lender Name

Manasquan Bank

Servicing Lender Address

2221 Landmark Place

Servicing Lender City

WALL TOWNSHIP

Servicing Lender State

NJ

Servicing Lender Zip

08736-1051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Toms River

Project County Name

OCEAN

Project State

NJ

Project Zip

08755-0001

CD

NJ-04

Jobs Reported

54

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

360870.00

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

Subchapter S Corporation

Originating Lender Location Id

87220

Originating Lender

Manasquan Bank

Originating Lender City

WALL TOWNSHIP

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

363025.20

Forgiveness Date

11/24/2020

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