PPP Loan information for Mount phoenix inc

$175,000

Mount phoenix inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 01/27/2021 by The Unity Bank reported 28 jobs and $175,000 was used to fund payroll.

Mount phoenix inc is Existing or more than 2 years old

MOUNT PHOENIX INC

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MOUNT PHOENIX INC

Borrower Address

325 North Dr

Borrower City

North Plainfield

Borrower State

NJ

Borrower Zip

07060-3722

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Kiddie Academy

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Plainfield

Project County Name

SOMERSET

Project State

NJ

Project Zip

07060-3722

CD

NJ-12

Jobs Reported

28

NAICS Code

551114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

174995.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176312.50

Forgiveness Date

11/02/2021

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