A&L PROPERTY INC (NJ) - 2020 PPP Loan Borrower Profile (# 2961408110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&L PROPERTY INC. 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

2961408110

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$9,085

Date Loan was Approved

Jul 13, 2020

Amount Forgiven

$9,161.42

Date Loan was Forgiven

May 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

2,000

Payroll Proced

2,000

Mortgage Interest Proceed

1,000

Rent Proceed

2,000

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

2,085

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

236118

Borrower Location

JERSEY CITY, NJ

Project Location

JERSEY CITY, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.