416, LLC (NJ) - 2020 PPP Loan Borrower Profile (# 2698437201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 416, 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

2698437201

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$425,965

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$431,287.43

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,000

Payroll Proced

340,965

Mortgage Interest Proceed

Rent Proceed

55,000

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

RED BANK, NJ

Project Location

RED BANK, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.