494 KRAUSZERS LLC (NJ) - 2020 PPP Loan Borrower Profile (# 8807788510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 494 KRAUSZERS 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

8807788510

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$5,850

Date Loan was Approved

Mar 10, 2021

Amount Forgiven

$5,911.22

Date Loan was Forgiven

Mar 29, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

5,846

Lender

Cross River Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

453998

Borrower Location

Newark, NJ

Project Location

Newark, 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.