AFRICA REMITTANCE COMPANY LLC (NJ) - 2020 PPP Loan Borrower Profile (# 9574727009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFRICA REMITTANCE COMPANY 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

9574727009

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$91,000

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$92,236.6

Date Loan was Forgiven

Aug 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

91,000

Lender

MainStreet Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

522390

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

Existing or more than 2 years old

Data Source: SBA.