113 SOUTHMAIN STREET INC (NJ) - 2020 PPP Loan Borrower Profile (# 3405788308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 113 SOUTHMAIN STREET INC. 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
3405788308
SBA Office Code
0299
Processing Method
PPP
Curent Loan Amount
$70,000
Date Loan was Approved
Jan 22, 2021
Amount Forgiven
$70,548.49
Date Loan was Forgiven
Nov 10, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
69,996
Lender
Signature Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
722511
Borrower Location
Forked River, NJ
Project Location
Forked River, NJ
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
20
Business Age Description
Existing or more than 2 years old
Data Source: SBA.