PPP Loan information for Benedictine abbey

$1,766,665

Benedictine abbey was initially approved for PPP Loan of amount $1,766,665, the current approved amount is $1,766,665. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 135 jobs and $1,766,665 was used to fund payroll.

Benedictine abbey is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Benedictine abbey

BENEDICTINE ABBEY

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BENEDICTINE ABBEY

Borrower Address

520 Dr. MLK Jr. Blvd

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1766665.00

Current Approval Amount

1766665.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102

CD

NJ-08

Jobs Reported

135

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1766660.00

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

Veteran

Non Profit

Forgiveness Amount

1788687.81

Forgiveness Date

05/19/2022

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