Date Approved
04/28/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
KORECHEM, INC.
Borrower Address
11 Farview Terrace
Borrower City
PARAMUS
Borrower State
NJ
Borrower Zip
07652-2703
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
59700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
110359
Servicing Lender Name
Bank of Hope
Servicing Lender Address
3200 Wilshire Blvd 1st Fl
Servicing Lender City
LOS ANGELES
Servicing Lender State
CA
Servicing Lender Zip
90010
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BERGEN
Project State
Project Zip
CD
NJ-05
Jobs Reported
4
NAICS Code
424990
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
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
60367.33
Forgiveness Date
06/17/2021