PPP Loan information for Morristown post acute rehabilitation and nursing center llc

$1,590,245

Morristown post acute rehabilitation and nursing center llc was initially approved for PPP Loan of amount $1,590,245, the current approved amount is $1,590,245. The loan was approved on 04/28/2020 by The Valley National Bank reported 200 jobs and $1,590,245 was used to fund payroll.

Morristown post acute rehabilitation and nursing center llc is New Business or 2 years or less

MORRISTOWN POST ACUTE REHABILITATION AND NURSING CENTER LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MORRISTOWN POST ACUTE REHABILITATION AND NURSING CENTER LLC

Borrower Address

77 Madison Ave

Borrower City

Morristown

Borrower State

NJ

Borrower Zip

07960

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1590245.00

Current Approval Amount

1590245.00

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

N

Business Age Description

New Business or 2 years or less

Project City

Morristown

Project County Name

MORRIS

Project State

NJ

Project Zip

07960-2101

CD

NJ-11

Jobs Reported

200

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1590245.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1607914.39

Forgiveness Date

06/11/2021

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