305 E YOUNGS AVENUE LLC (NJ) - 2020 PPP Loan Borrower Profile (# 2438578600)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 305 E YOUNGS 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

2438578600

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$8,491.51

Date Loan was Approved

Mar 15, 2021

Amount Forgiven

$8,533.97

Date Loan was Forgiven

Oct 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

8,485.51

Lender

First Bank of the Lake

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Wildwood, NJ

Project Location

Wildwood, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.