Date Approved
02/09/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
THE NEW METHOD MONTCLAIR INC.
Borrower Address
493 Bloomfield Ave
Borrower City
Montclair
Borrower State
NJ
Borrower Zip
07042-3406
Loan Status Date
01/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
32158.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
The Bar Method
Servicing Lender Location Id
455644
Servicing Lender Name
Live Oak Banking Company
Servicing Lender Address
1741 Tiburon Dr
Servicing Lender City
WILMINGTON
Servicing Lender State
NC
Servicing Lender Zip
28403-6244
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
CD
NJ-11
Jobs Reported
15
NAICS Code
713940
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
32157.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
32386.19
Forgiveness Date
11/09/2021