PPP Loan information for Morristown restaurants llc

$468,570

Morristown restaurants llc was initially approved for PPP Loan of amount $468,570, the current approved amount is $468,570. The loan was approved on 01/26/2021 by The Lakeland Bank reported 74 jobs and $468,570 was used to fund payroll.

Morristown restaurants llc is Existing or more than 2 years old

MORRISTOWN RESTAURANTS LLC

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

468569.50

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

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

MORRIS

Project State

NJ

Project Zip

07960-3934

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

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

472591.39

Forgiveness Date

12/09/2021

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