PPP Loan information for New brunswick development corporation

$437,237

New brunswick development corporation was initially approved for PPP Loan of amount $437,237, the current approved amount is $437,237. The loan was approved on 01/21/2021 by The Magyar Bank reported 17 jobs and $437,237 was used to fund payroll.

New brunswick development corporation is Existing or more than 2 years old

PPP Loan Search / NJ / New Brunswick / New brunswick development corporation

NEW BRUNSWICK DEVELOPMENT CORPORATION

Date Approved

01/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEW BRUNSWICK DEVELOPMENT CORPORATION

Borrower Address

120 Albany St

Borrower City

New Brunswick

Borrower State

NJ

Borrower Zip

08901-2163

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

437237.00

Current Approval Amount

437237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08901-2163

CD

NJ-06

Jobs Reported

17

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

437235.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

441645.81

Forgiveness Date

02/09/2022

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