PPP Loan information for Newark schoolof the arts, inc.

$90,000

Newark schoolof the arts, inc. was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 05/18/2020 by The WebBank reported 42 jobs and $90,000 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

05/18/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK SCHOOLOF THE ARTS, INC.

Borrower Address

89 Lincoln Park

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

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

42

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90000.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

90950.00

Forgiveness Date

06/04/2021

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