Date Approved
01/22/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
NEW MARTELLS WATERS EDGE INC
Borrower Address
308 Boardwalk
Borrower City
Point Pleasant Beach
Borrower State
NJ
Borrower Zip
08742-3283
Loan Status Date
12/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
294663.88
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
87220
Servicing Lender Name
Manasquan Bank
Servicing Lender Address
2221 Landmark Place
Servicing Lender City
WALL TOWNSHIP
Servicing Lender State
Servicing Lender Zip
08736-1051
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OCEAN
Project State
Project Zip
CD
NJ-04
Jobs Reported
158
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
294658.88
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
296990.95
Forgiveness Date
11/17/2021