ALBANY RB RESTAURANT LLC (NJ) - 2020 PPP Loan Borrower Profile (# 7468337105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBANY RB RESTAURANT 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

7468337105

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$49,952

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$50,414.57

Date Loan was Forgiven

Mar 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,244

Payroll Proced

37,464

Mortgage Interest Proceed

6,244

Lender

NBT Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

SOMERSET, NJ

Project Location

SOMERSET, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.