PPP Loan information for Menora financial corp

$169,510

Menora financial corp was initially approved for PPP Loan of amount $169,510, the current approved amount is $169,510. The loan was approved on 01/21/2021 by The Valley National Bank reported 293 jobs and $169,510 was used to fund payroll.

Menora financial corp is Existing or more than 2 years old

MENORA FINANCIAL CORP

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MENORA FINANCIAL CORP

Borrower Address

8833 Gross Point Rd Ste 206

Borrower City

Skokie

Borrower State

IL

Borrower Zip

60077-1859

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169510.00

Current Approval Amount

169510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Skokie

Project County Name

COOK

Project State

IL

Project Zip

60077-1859

CD

IL-09

Jobs Reported

293

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

169504.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85172.58

Forgiveness Date

02/09/2023

;