PPP Loan information for Newark boys chorus school

$156,132

Newark boys chorus school was initially approved for PPP Loan of amount $156,132, the current approved amount is $156,132. The loan was approved on 02/05/2021 by The Loan Source Incorporated reported 7 jobs and $156,132 was used to fund payroll.

Newark boys chorus school is Existing or more than 2 years old

NEWARK BOYS CHORUS SCHOOL

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEWARK BOYS CHORUS SCHOOL

Borrower Address

1016 Broad St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-2410

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156132.00

Current Approval Amount

156132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

07102-2410

CD

NJ-08

Jobs Reported

7

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

156130.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

158048.36

Forgiveness Date

05/11/2022

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