PPP Loan information for American tutor inc

$355,693

American tutor inc was initially approved for PPP Loan of amount $351,672, the current approved amount is $355,693. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 40 jobs and $355,693 was used to fund payroll.

American tutor inc is Existing or more than 2 years old

PPP Loan Search / NJ / HILLSBOROUGH / American tutor inc

AMERICAN TUTOR INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN TUTOR INC

Borrower Address

2 ILENE CT STE 16

Borrower City

HILLSBOROUGH

Borrower State

NJ

Borrower Zip

08844-1918

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351672.00

Current Approval Amount

355693.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBOROUGH

Project County Name

SOMERSET

Project State

NJ

Project Zip

08844-1918

CD

NJ-12

Jobs Reported

40

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

355693.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346080.11

Forgiveness Date

08/19/2021

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