PPP Loan information for 5 newark avenue corporation

$183,170

5 newark avenue corporation was initially approved for PPP Loan of amount $183,170, the current approved amount is $183,170. The loan was approved on 02/04/2021 by The Loan Source Incorporated reported 8 jobs and $183,170 was used to fund payroll.

5 newark avenue corporation is Existing or more than 2 years old

5 NEWARK AVENUE CORPORATION

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

5 NEWARK AVENUE CORPORATION

Borrower Address

5 Newark Ave

Borrower City

Spring Lake

Borrower State

NJ

Borrower Zip

07762-1416

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183170.00

Current Approval Amount

183170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spring Lake

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07762-1416

CD

NJ-04

Jobs Reported

8

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183170.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

185202.43

Forgiveness Date

03/24/2022

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