PPP Loan information for Neighborhood association for inter-cultural affairs

$3,250,000

Neighborhood association for inter-cultural affairs was initially approved for PPP Loan of amount $3,250,000, the current approved amount is $3,250,000. The loan was approved on 04/27/2020 by The Customers Bank reported 312 jobs and $3,250,000 was used to fund payroll.

Neighborhood association for inter-cultural affairs is Existing or more than 2 years old

NEIGHBORHOOD ASSOCIATION FOR INTER-CULTURAL AFFAIRS

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NEIGHBORHOOD ASSOCIATION FOR INTER-CULTURAL AFFAIRS

Borrower Address

1075 Grand Concourse Suite 1b

Borrower City

Bronx

Borrower State

NY

Borrower Zip

10452

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

3250000.00

Current Approval Amount

3250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bronx

Project County Name

BRONX

Project State

NY

Project Zip

10452-0001

CD

NY-15

Jobs Reported

312

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3250000.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1502405.30

Forgiveness Date

03/18/2022

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