PPP Loan information for Academic eye center

$196,907

Academic eye center was initially approved for PPP Loan of amount $196,907, the current approved amount is $196,907. The loan was approved on 01/28/2021 by The American Community Bank reported 16 jobs and $196,907 was used to fund payroll.

Academic eye center is Existing or more than 2 years old

ACADEMIC EYE CENTER

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ACADEMIC EYE CENTER

Borrower Address

192 Summerhill Rd

Borrower City

East Brunswick

Borrower State

NJ

Borrower Zip

08816-4950

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196907.00

Current Approval Amount

196907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124208

Servicing Lender Name

American Community Bank

Servicing Lender Address

300 Glen St

Servicing Lender City

GLEN COVE

Servicing Lender State

NY

Servicing Lender Zip

11542-3070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-4950

CD

NJ-12

Jobs Reported

16

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

196904.00

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

124208

Originating Lender

American Community Bank

Originating Lender City

GLEN COVE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198640.88

Forgiveness Date

01/13/2022

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