PPP Loan information for Life raft group inc

$251,560

Life raft group inc was initially approved for PPP Loan of amount $251,560, the current approved amount is $251,560. The loan was approved on 02/09/2021 by The Loan Source Incorporated reported 21 jobs and $251,560 was used to fund payroll.

Life raft group inc is Existing or more than 2 years old

LIFE RAFT GROUP INC

Date Approved

02/09/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LIFE RAFT GROUP INC

Borrower Address

155 US Highway 46 Ste 202

Borrower City

Wayne

Borrower State

NJ

Borrower Zip

07470-6819

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

251560.00

Current Approval Amount

251560.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-6819

CD

NJ-11

Jobs Reported

21

NAICS Code

519190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

251558.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

253965.33

Forgiveness Date

02/02/2022

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