PPP Loan information for High park terrace cooperative corp

$69,100

High park terrace cooperative corp was initially approved for PPP Loan of amount $69,100, the current approved amount is $69,100. The loan was approved on 04/27/2020 by The Magyar Bank reported 12 jobs and $69,100 was used to fund payroll.

High park terrace cooperative corp is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / High park terrace cooperative corp

HIGH PARK TERRACE COOPERATIVE CORP

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HIGH PARK TERRACE COOPERATIVE CORP

Borrower Address

36 MUHAMMAD ALI AVE

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07108

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69100.00

Current Approval Amount

69100.00

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

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07108-0001

CD

NJ-10

Jobs Reported

12

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69100.00

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

Cooperative

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

69829.39

Forgiveness Date

06/01/2021

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