PPP Loan information for Forest hill health care center inc.

$770,183

Forest hill health care center inc. was initially approved for PPP Loan of amount $770,183, the current approved amount is $770,183. The loan was approved on 04/23/2021 by The Freedom Bank reported 112 jobs and $770,183 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

04/23/2021

SBA Office Code

0299

Processing Method

PPS

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

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

770182.50

Current Approval Amount

770182.50

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

112

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

770179.50

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

772985.11

Forgiveness Date

09/09/2021

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