ABU SAYEM (NJ) - 2020 PPP Loan Borrower Profile (# 5502069007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABU SAYEM. 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

5502069007

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$11,431

Date Loan was Approved

May 22, 2021

Amount Forgiven

$11,470.06

Date Loan was Forgiven

Oct 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

11,431

Lender

Capital Plus Financial, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

485310

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.