PPP Loan information for Covenant house new jersey inc

$1,456,635

Covenant house new jersey inc was initially approved for PPP Loan of amount $1,458,246, the current approved amount is $1,456,635. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 125 jobs and $1,456,635 was used to fund payroll.

Covenant house new jersey inc is New Business or 2 years or less

PPP Loan Search / NJ / Newark / Covenant house new jersey inc

COVENANT HOUSE NEW JERSEY INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COVENANT HOUSE NEW JERSEY INC

Borrower Address

330 Washington St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1458246.00

Current Approval Amount

1456635.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-0301

CD

NJ-10

Jobs Reported

125

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1456635.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1473994.90

Forgiveness Date

07/29/2021

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