PPP Loan information for Darul arqam school

$169,315

Darul arqam school was initially approved for PPP Loan of amount $169,315, the current approved amount is $169,315. The loan was approved on 04/13/2021 by The PNC Bank, National Association reported 31 jobs and $169,315 was used to fund payroll.

Darul arqam school is Existing or more than 2 years old

DARUL ARQAM SCHOOL

Date Approved

04/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DARUL ARQAM SCHOOL

Borrower Address

8 Thomas St 8 Thomas St

Borrower City

South River

Borrower State

NJ

Borrower Zip

08882-1241

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169315.00

Current Approval Amount

169315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South River

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08882-1241

CD

NJ-12

Jobs Reported

31

NAICS Code

611110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

169314.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

170410.84

Forgiveness Date

12/09/2021

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