PPP Loan information for Newark community health centers inc

$2,541,895

Newark community health centers inc was initially approved for PPP Loan of amount $2,541,895, the current approved amount is $2,541,895. The loan was approved on 05/08/2020 by The Bank of America, National Association reported 282 jobs and $2,541,895 was used to fund payroll.

Newark community health centers inc is Existing or more than 2 years old

NEWARK COMMUNITY HEALTH CENTERS INC

Date Approved

05/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK COMMUNITY HEALTH CENTERS INC

Borrower Address

741 BROADWAY

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07104-4309

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2541895.00

Current Approval Amount

2541895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

07104-4309

CD

NJ-08

Jobs Reported

282

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2541895.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2568637.13

Forgiveness Date

06/11/2021

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