PPP Loan information for Chabad center of somerset county

$113,528

Chabad center of somerset county was initially approved for PPP Loan of amount $113,528, the current approved amount is $113,528. The loan was approved on 04/15/2020 by The Unity Bank reported 15 jobs and $113,528 was used to fund payroll.

Chabad center of somerset county is Existing or more than 2 years old

CHABAD CENTER OF SOMERSET COUNTY

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CHABAD CENTER OF SOMERSET COUNTY

Borrower Address

3048 Valley Road

Borrower City

BASKING RIDGE

Borrower State

NJ

Borrower Zip

07920

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113527.50

Current Approval Amount

113527.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BASKING RIDGE

Project County Name

SOMERSET

Project State

NJ

Project Zip

07920-0001

CD

NJ-07

Jobs Reported

15

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11352.75

Payroll Proceed

102174.75

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

Professional Association

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114804.68

Forgiveness Date

06/10/2021

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