Date Approved
04/30/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
FAVATO BROTHERS INC.
Borrower Address
620 Ocean Ave Jenkinsons South
Borrower City
Point Pleasant Beach
Borrower State
NJ
Borrower Zip
08742
Loan Status Date
03/23/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
23104.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
456756
Servicing Lender Name
Cross River Bank
Servicing Lender Address
885 Teaneck Rd
Servicing Lender City
TEANECK
Servicing Lender State
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OCEAN
Project State
Project Zip
08742-0001
CD
NJ-04
Jobs Reported
25
NAICS Code
722513
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
529113
Originating Lender
Kabbage, Inc.
Originating Lender City
Atlanta
Originating Lender State
GA
Gender
Veteran
Non Profit
Forgiveness Amount
23248.32
Forgiveness Date
12/22/2020