PPP Loan information for Sovereign medical group

$3,109,460

Sovereign medical group was initially approved for PPP Loan of amount $3,109,460, the current approved amount is $3,109,460. The loan was approved on 06/06/2020 by The TD Bank, National Association reported 150 jobs and $3,109,460 was used to fund payroll.

Sovereign medical group is Existing or more than 2 years old

SOVEREIGN MEDICAL GROUP

Date Approved

06/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOVEREIGN MEDICAL GROUP

Borrower Address

85 Harristown Rd

Borrower City

Glen Rock

Borrower State

NJ

Borrower Zip

07452

Loan Status Date

08/06/2022

Loan Status

Charged Off

Term

33

SBA Guaranty Percentage

100

Initial Approval Amount

3109460.00

Current Approval Amount

3109460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Rock

Project County Name

BERGEN

Project State

NJ

Project Zip

07452-0001

CD

NJ-05

Jobs Reported

150

NAICS Code

621493

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3109460.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;