Laurel Bay Health & Rehabilitation Center

$891,439 PPP Loan in Keansburg, New Jersey

Loan Details

Loan Number
8951117103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$891,439
Current Approval
$891,439
Forgiveness Amount
$904,945
Forgiveness Date
Oct 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laurel Bay Health & Rehabilitation Center
Address
32 Laurel Ave
ZIP Code
07734-1125
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
125
Estimated Revenue
$21.3M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$757,724
Utilities
$17,829
Health Care
$26,742
Mortgage Interest
$89,144

Lender Information

Servicing Lender
Cross River Bank
Originating Lender
Cross River Bank

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