PPP Loan information for New jersey innovation institute, inc

$2,464,000

New jersey innovation institute, inc was initially approved for PPP Loan of amount $2,464,000, the current approved amount is $2,464,000. The loan was approved on 04/27/2020 by The Mid Penn Bank reported 109 jobs and $2,464,000 was used to fund payroll.

New jersey innovation institute, inc is Unanswered

PPP Loan Search / NJ / NEWARK / New jersey innovation institute, inc

NEW JERSEY INNOVATION INSTITUTE, INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW JERSEY INNOVATION INSTITUTE, INC

Borrower Address

323 DR MARTIN LUTHER KING JR BLVD FENSTER HALL

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07103-1824

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2464000.00

Current Approval Amount

2464000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07103-1824

CD

NJ-10

Jobs Reported

109

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2464000.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2491788.44

Forgiveness Date

06/11/2021

;