PPP Loan information for Mid-atlantic center for the arts

$373,100

Mid-atlantic center for the arts was initially approved for PPP Loan of amount $373,100, the current approved amount is $373,100. The loan was approved on 02/18/2021 by The Republic First Bank d/b/a Republic Bank reported 67 jobs and $373,100 was used to fund payroll.

Mid-atlantic center for the arts is Existing or more than 2 years old

PPP Loan Search / NJ / Cape May / Mid-atlantic center for the arts

MID-ATLANTIC CENTER FOR THE ARTS

Date Approved

02/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MID-ATLANTIC CENTER FOR THE ARTS

Borrower Address

1048 Washington St

Borrower City

Cape May

Borrower State

NJ

Borrower Zip

08204-1737

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

373100.00

Current Approval Amount

373100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape May

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-1737

CD

NJ-02

Jobs Reported

67

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

373097.00

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

Non-Profit Organization

Originating Lender Location Id

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

375665.70

Forgiveness Date

10/29/2021

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