108 LOCUST AVENUE, LLC (NJ) - 2020 PPP Loan Borrower Profile (# 2069927704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 108 LOCUST AVENUE, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Jersey.

Loan Detail

Loan Number

2069927704

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$70,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$70,701.24

Date Loan was Forgiven

May 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,700

Payroll Proced

28,000

Rent Proceed

21,000

Health Care Proceed

18,300

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

Borrower Location

COLTS NECK, NJ

Project Location

COLTS NECK, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.