PPP Loan information for Morasha olami inc.

$308,465

Morasha olami inc. was initially approved for PPP Loan of amount $308,465, the current approved amount is $308,465. The loan was approved on 04/11/2020 by The Cross River Bank reported 25 jobs and $308,465 was used to fund payroll.

Morasha olami inc. is Existing or more than 2 years old

MORASHA OLAMI INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MORASHA OLAMI INC.

Borrower Address

555 MADISON AVE

Borrower City

LAKEWOOD

Borrower State

NJ

Borrower Zip

08701-3216

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308465.00

Current Approval Amount

308465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKEWOOD

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-3216

CD

NJ-04

Jobs Reported

25

NAICS Code

519120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304465.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

310636.93

Forgiveness Date

12/31/2020

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