PPP Loan information for Bright beginnings quality care center limited liability comp

$312,062

Bright beginnings quality care center limited liability comp was initially approved for PPP Loan of amount $312,062, the current approved amount is $312,062. The loan was approved on 04/06/2020 by The Lakeland Bank reported 40 jobs and $312,062 was used to fund payroll.

Bright beginnings quality care center limited liability comp is Existing or more than 2 years old

BRIGHT BEGINNINGS QUALITY CARE CENTER LIMITED LIABILITY COMP

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BRIGHT BEGINNINGS QUALITY CARE CENTER LIMITED LIABILITY COMP

Borrower Address

246 Springfield Ave

Borrower City

BERKELEY HEIGHTS

Borrower State

NJ

Borrower Zip

07922-1259

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312062.03

Current Approval Amount

312062.03

Undisbursed Amount

0.00

Franchise Name

Primrose Schools

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERKELEY HEIGHTS

Project County Name

UNION

Project State

NJ

Project Zip

07922-1259

CD

NJ-07

Jobs Reported

40

NAICS Code

624410

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237062.03

Mortgage Interest Proceed

0.00

Rent Proceed

75000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315356.02

Forgiveness Date

05/03/2021

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