Date Approved
04/29/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
M. V. SILVERI AND SONS, INC.
Borrower Address
1095 TOWBIN AVE
Borrower City
LAKEWOOD
Borrower State
NJ
Borrower Zip
08701-5931
Loan Status Date
08/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
396897.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45621
Servicing Lender Name
Lakeland Bank
Servicing Lender Address
2717 Rte 23 South
Servicing Lender City
NEWFOUNDLAND
Servicing Lender State
Servicing Lender Zip
07435-1441
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OCEAN
Project State
Project Zip
CD
NJ-04
Jobs Reported
30
NAICS Code
424480
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
49530.00
Payroll Proceed
309367.00
Mortgage Interest Proceed
Rent Proceed
20000.00
Refinance EIDL Proceed
Health Care Proceed
10000.00
Debt Interest Proceed
8000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
401540.15
Forgiveness Date
07/02/2021