Date Approved
02/10/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
RUMBA OF JERSEY CITY DOWNTOWN LLC
Borrower Address
237 Pavonia Ave
Borrower City
Jersey City
Borrower State
NJ
Borrower Zip
07302
Loan Status Date
02/26/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
194658.69
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
455592
Servicing Lender Name
Freedom Bank
Servicing Lender Address
99 W Essex St, 2nd Fl
Servicing Lender City
MAYWOOD
Servicing Lender State
Servicing Lender Zip
07607-1019
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUDSON
Project State
Project Zip
CD
NJ-08
Jobs Reported
33
NAICS Code
722511
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
194654.69
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
197140.59
Forgiveness Date
05/24/2022