PPP Loan information for New community corporation

$2,470,170

New community corporation was initially approved for PPP Loan of amount $2,470,170, the current approved amount is $2,470,170. The loan was approved on 04/12/2020 by The TD Bank, National Association reported 335 jobs and $2,470,170 was used to fund payroll.

New community corporation is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / New community corporation

NEW COMMUNITY CORPORATION

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW COMMUNITY CORPORATION

Borrower Address

233 West MARKET ST

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07103-2713

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2470170.00

Current Approval Amount

2470170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

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

07103-2713

CD

NJ-10

Jobs Reported

335

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2470170.00

Payroll Proceed

0.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2502831.14

Forgiveness Date

08/11/2021

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