PPP Loan information for Queen margherita inc

$50,260

Queen margherita inc was initially approved for PPP Loan of amount $50,260, the current approved amount is $50,260. The loan was approved on 05/11/2020 by The Blue Foundry Bank reported 10 jobs and $50,260 was used to fund payroll.

Queen margherita inc is Existing or more than 2 years old

QUEEN MARGHERITA INC

Date Approved

05/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

QUEEN MARGHERITA INC

Borrower Address

246 Washington ave

Borrower City

Nutley

Borrower State

NJ

Borrower Zip

07110-1924

Loan Status Date

01/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50259.52

Current Approval Amount

50259.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85732

Servicing Lender Name

Blue Foundry Bank

Servicing Lender Address

19 Park Avenue

Servicing Lender City

Rutherford

Servicing Lender State

NJ

Servicing Lender Zip

07070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nutley

Project County Name

ESSEX

Project State

NJ

Project Zip

07110-1924

CD

NJ-11

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50259.52

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

Subchapter S Corporation

Originating Lender Location Id

85732

Originating Lender

Blue Foundry Bank

Originating Lender City

Rutherford

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50953.38

Forgiveness Date

10/06/2021

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