PPP Loan information for National recovery associates, inc

$421,345

National recovery associates, inc was initially approved for PPP Loan of amount $421,345, the current approved amount is $421,345. The loan was approved on 04/12/2020 by The Cross River Bank reported 49 jobs and $421,345 was used to fund payroll.

National recovery associates, inc is Existing or more than 2 years old

NATIONAL RECOVERY ASSOCIATES, INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NATIONAL RECOVERY ASSOCIATES, INC

Borrower Address

550 Broad St. suite 1001

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-4510

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421345.00

Current Approval Amount

421345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

07102-4510

CD

NJ-10

Jobs Reported

49

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

421345.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

424323.27

Forgiveness Date

01/12/2021

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