PPP Loan information for Cultural center redevelopment associates urban renewal llc

$152,600

Cultural center redevelopment associates urban renewal llc was initially approved for PPP Loan of amount $152,600, the current approved amount is $152,600. The loan was approved on 04/02/2021 by The Magyar Bank reported 7 jobs and $152,600 was used to fund payroll.

Cultural center redevelopment associates urban renewal llc is Existing or more than 2 years old

CULTURAL CENTER REDEVELOPMENT ASSOCIATES URBAN RENEWAL LLC

Date Approved

04/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CULTURAL CENTER REDEVELOPMENT ASSOCIATES URBAN RENEWAL LLC

Borrower Address

120 Albany St

Borrower City

New Brunswick

Borrower State

NJ

Borrower Zip

08901-2163

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152600.00

Current Approval Amount

152600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08901-2163

CD

NJ-06

Jobs Reported

7

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

152599.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153825.04

Forgiveness Date

01/28/2022

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