PPP Loan information for Forest hill health care center inc.

$1,042,258

Forest hill health care center inc. was initially approved for PPP Loan of amount $1,042,258, the current approved amount is $1,042,258. The loan was approved on 04/27/2020 by The Freedom Bank reported 170 jobs and $1,042,258 was used to fund payroll.

Forest hill health care center inc. is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Forest hill health care center inc.

FOREST HILL HEALTH CARE CENTER INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FOREST HILL HEALTH CARE CENTER INC.

Borrower Address

497 MOUNT PROSPECT AVE

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07104-2903

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1042257.92

Current Approval Amount

1042257.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455592

Servicing Lender Name

Freedom Bank

Servicing Lender Address

99 W Essex St, 2nd Fl

Servicing Lender City

MAYWOOD

Servicing Lender State

NJ

Servicing Lender Zip

07607-1019

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07104-2903

CD

NJ-08

Jobs Reported

170

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1042257.92

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

455592

Originating Lender

Freedom Bank

Originating Lender City

MAYWOOD

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1051580.34

Forgiveness Date

03/18/2021

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