PPP Loan information for Innovative therapy group

$340,000

Innovative therapy group was initially approved for PPP Loan of amount $340,000, the current approved amount is $340,000. The loan was approved on 04/15/2020 by The Cross River Bank reported 33 jobs and $340,000 was used to fund payroll.

Innovative therapy group is Existing or more than 2 years old

INNOVATIVE THERAPY GROUP

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INNOVATIVE THERAPY GROUP

Borrower Address

1072 MADISON AVE

Borrower City

LAKEWOOD

Borrower State

NJ

Borrower Zip

08701-2650

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340000.00

Current Approval Amount

340000.00

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

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKEWOOD

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-2650

CD

NJ-04

Jobs Reported

33

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

340000.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343642.19

Forgiveness Date

05/20/2021

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