12 COLES (NJ) - 2020 PPP Loan Borrower Profile (# 3435157105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 12 COLES. 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
3435157105
SBA Office Code
0299
Processing Method
PPP
Curent Loan Amount
$241,185.11
Date Loan was Approved
Apr 11, 2020
Amount Forgiven
$244,193.22
Date Loan was Forgiven
Jul 27, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
241,185.11
Lender
Hanover Community Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
722511
Borrower Location
Jersey City, NJ
Project Location
Jersey City, NJ
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
50
Business Age Description
New Business or 2 years or less
Data Source: SBA.