524 NORWOOD MANAGEMENT (NJ) - 2020 PPP Loan Borrower Profile (# 2217938706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 524 NORWOOD MANAGEMENT. 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

2217938706

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$42,160

Date Loan was Approved

Mar 28, 2021

Amount Forgiven

$42,643.97

Date Loan was Forgiven

May 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

42,157

Lender

Cross River Bank

Business Detail

Business Type

Corporation

NAICS

624410

Borrower Location

East Orange, NJ

Project Location

East Orange, 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.