PPP Loan information for Newark trust for education inc

$244,850

Newark trust for education inc was initially approved for PPP Loan of amount $244,850, the current approved amount is $244,850. The loan was approved on 05/06/2020 by The Columbia Bank reported 18 jobs and $244,850 was used to fund payroll.

Newark trust for education inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Newark trust for education inc

NEWARK TRUST FOR EDUCATION INC

Date Approved

05/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK TRUST FOR EDUCATION INC

Borrower Address

494 Broad Street, Suite LL30

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07102-3229

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244850.00

Current Approval Amount

244850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

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

07102-3229

CD

NJ-10

Jobs Reported

18

NAICS Code

523991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244850.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

246473.39

Forgiveness Date

01/11/2021

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