PPP Loan information for High park terrace cooperative corporation

$69,147

High park terrace cooperative corporation was initially approved for PPP Loan of amount $69,147, the current approved amount is $69,147. The loan was approved on 02/06/2021 by The Magyar Bank reported 7 jobs and $69,147 was used to fund payroll.

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

PPP Loan Search / NJ / Newark / High park terrace cooperative corporation

HIGH PARK TERRACE COOPERATIVE CORPORATION

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

HIGH PARK TERRACE COOPERATIVE CORPORATION

Borrower Address

36 Muhammad Ali Ave

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07108-3032

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69147.00

Current Approval Amount

69147.00

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

07108-3032

CD

NJ-10

Jobs Reported

7

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

69145.00

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

69529.23

Forgiveness Date

09/02/2021

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