AKINLOLU OGUNKOLA (NJ) - 2020 PPP Loan Borrower Profile (# 5240008809)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKINLOLU OGUNKOLA. 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

5240008809

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$18,753

Date Loan was Approved

Apr 17, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

29 Months

Payroll Proced

18,753

Lender

Benworth Capital

Business Detail

Business Type

Self-Employed Individuals

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.