Homestead Rehabilitation & Health Care Center

$1,215,230 PPP Loan in Newton, New Jersey

Loan Details

Loan Number
6250508107
Date Approved
Jul 21, 2020
Loan Status
Paid in Full
Initial Approval
$1,215,230
Current Approval
$1,215,230
Forgiveness Amount
$1,233,830
Forgiveness Date
Feb 16, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Homestead Rehabilitation & Health Care Center
Address
129 Morris Tpke
City
Newton
ZIP Code
07860-4913
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
$23.0M
Rural/Urban
Rural
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$789,900
Rent
$364,569
Utilities
$60,761

Lender Information

Servicing Lender
Valley National Bank
Originating Lender
Valley National Bank

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