PPP Loan information for Future scholars day care and after school program incorporat

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FUTURE SCHOLARS DAY CARE AND AFTER SCHOOL PROGRAM INCORPORAT

Borrower Address

90 West Peddie Street

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07112-2750

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121569.00

Current Approval Amount

121569.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16803

Servicing Lender Name

Industrial Bank

Servicing Lender Address

4812 Georgia Ave NW

Servicing Lender City

WASHINGTON

Servicing Lender State

DC

Servicing Lender Zip

20011-4522

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07112-2750

CD

NJ-10

Jobs Reported

32

NAICS Code

624410

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121569.00

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

16803

Originating Lender

Industrial Bank

Originating Lender City

WASHINGTON

Originating Lender State

DC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122646.24

Forgiveness Date

04/01/2021