PPP Loan information for Lotito foods llc

$1,644,817

Lotito foods llc was initially approved for PPP Loan of amount $1,644,817, the current approved amount is $1,644,817. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 206 jobs and $1,644,817 was used to fund payroll.

Lotito foods llc is New Business or 2 years or less

PPP Loan Search / NJ / EDISON / Lotito foods llc

LOTITO FOODS LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LOTITO FOODS LLC

Borrower Address

240 CARTER DR

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08817-2097

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1644817.00

Current Approval Amount

1644817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08817-2097

CD

NJ-06

Jobs Reported

206

NAICS Code

424430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1644817.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1666492.53

Forgiveness Date

09/02/2021

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