PPP Loan information for New jersey symphony orchestra

$1,698,908

New jersey symphony orchestra was initially approved for PPP Loan of amount $1,698,908, the current approved amount is $1,698,908. The loan was approved on 01/27/2021 by The PNC Bank, National Association reported 71 jobs and $1,698,908 was used to fund payroll.

New jersey symphony orchestra is Existing or more than 2 years old

NEW JERSEY SYMPHONY ORCHESTRA

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEW JERSEY SYMPHONY ORCHESTRA

Borrower Address

60 Park Pl Fl 9

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-5504

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1698908.00

Current Approval Amount

1698908.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

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

07102-5504

CD

NJ-10

Jobs Reported

71

NAICS Code

711130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1698903.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1711508.23

Forgiveness Date

10/25/2021

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