PPP Loan information for Intellect design arena inc.

$1,224,860

Intellect design arena inc. was initially approved for PPP Loan of amount $1,224,860, the current approved amount is $1,224,860. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 50 jobs and $1,224,860 was used to fund payroll.

Intellect design arena inc. is New Business or 2 years or less

PPP Loan Search / NJ / Piscataway / Intellect design arena inc.

INTELLECT DESIGN ARENA INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INTELLECT DESIGN ARENA INC.

Borrower Address

20 Corporate Pl S

Borrower City

Piscataway

Borrower State

NJ

Borrower Zip

08854

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1224860.00

Current Approval Amount

1224860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Piscataway

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-1400

CD

NJ-06

Jobs Reported

50

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1224860.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1238383.80

Forgiveness Date

06/14/2021

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