PPP Loan information for Newark arts council

$102,000

Newark arts council was initially approved for PPP Loan of amount $102,000, the current approved amount is $102,000. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 6 jobs and $102,000 was used to fund payroll.

Newark arts council is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Newark arts council

NEWARK ARTS COUNCIL

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK ARTS COUNCIL

Borrower Address

17 Academy Street Suite 702

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102000.00

Current Approval Amount

102000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

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

07102-0301

CD

NJ-10

Jobs Reported

6

NAICS Code

711190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94992.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7008.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

102883.07

Forgiveness Date

03/17/2021

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