PPP Loan information for Newark schoolof the arts, inc.

$112,094

Newark schoolof the arts, inc. was initially approved for PPP Loan of amount $112,094, the current approved amount is $112,094. The loan was approved on 05/27/2021 by The Customers Bank reported 42 jobs and $112,094 was used to fund payroll.

Newark schoolof the arts, inc. is Existing or more than 2 years old

NEWARK SCHOOLOF THE ARTS, INC.

Date Approved

05/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEWARK SCHOOLOF THE ARTS, INC.

Borrower Address

89 Lincoln Park N/A

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-2388

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112094.00

Current Approval Amount

112094.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

07102-2388

CD

NJ-10

Jobs Reported

42

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112091.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

112493.24

Forgiveness Date

11/03/2021

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