Date Approved
04/29/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
TORAS IMECHA, INC.
Borrower Address
970 E. County line Rd.
Borrower City
LAKEWOOD
Borrower State
NJ
Borrower Zip
08701
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
429391.45
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45621
Servicing Lender Name
Lakeland Bank
Servicing Lender Address
2717 Rte 23 South
Servicing Lender City
NEWFOUNDLAND
Servicing Lender State
Servicing Lender Zip
07435-1441
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OCEAN
Project State
Project Zip
08701-0001
CD
NJ-04
Jobs Reported
135
NAICS Code
611110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
421861.20
Forgiveness Date
12/10/2020