1302 RESTAURANT LLC (NJ) - 2020 PPP Loan Borrower Profile (# 3126378300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1302 RESTAURANT 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

3126378300

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$200,000

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$201,500

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

199,998

Lender

Mid Penn Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722513

Borrower Location

Ship Bottom, NJ

Project Location

Ship Bottom, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.