PPP Loan information for Newark community street team inc

$235,000

Newark community street team inc was initially approved for PPP Loan of amount $235,000, the current approved amount is $235,000. The loan was approved on 02/12/2021 by The Manufacturers and Traders Trust Company reported 50 jobs and $235,000 was used to fund payroll.

Newark community street team inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Newark community street team inc

NEWARK COMMUNITY STREET TEAM INC

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK COMMUNITY STREET TEAM INC

Borrower Address

400 Hawthorne Ave

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07112-3693

Loan Status Date

01/07/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

235000.00

Current Approval Amount

235000.00

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

07112-3693

CD

NJ-10

Jobs Reported

50

NAICS Code

624190

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

234996.00

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

501(c)3 – Non Profit

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

239281.51

Forgiveness Date

12/14/2022

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