PPP Loan information for Menachem learning institute

$97,869

Menachem learning institute was initially approved for PPP Loan of amount $97,869, the current approved amount is $97,869. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 7 jobs and $97,869 was used to fund payroll.

Menachem learning institute is Existing or more than 2 years old

MENACHEM LEARNING INSTITUTE

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MENACHEM LEARNING INSTITUTE

Borrower Address

9 West End Court

Borrower City

Long Branch

Borrower State

NJ

Borrower Zip

07740

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97869.00

Current Approval Amount

97869.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Branch

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07740-0001

CD

NJ-06

Jobs Reported

7

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73401.00

Mortgage Interest Proceed

0.00

Rent Proceed

24468.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98774.29

Forgiveness Date

03/24/2021

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