Date Approved
01/26/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
MORRISTOWN RESTAURANTS LLC
Borrower Address
18 Washington St
Borrower City
Morristown
Borrower State
NJ
Borrower Zip
07960-3934
Loan Status Date
01/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
468569.50
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
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORRIS
Project State
Project Zip
CD
NJ-11
Jobs Reported
74
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
468564.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
472591.39
Forgiveness Date
12/09/2021