PPP Loan information for Newark trust for education inc.

$264,990

Newark trust for education inc. was initially approved for PPP Loan of amount $264,990, the current approved amount is $264,990. The loan was approved on 02/23/2021 by The Loan Source Incorporated reported 19 jobs and $264,990 was used to fund payroll.

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

NEWARK TRUST FOR EDUCATION INC.

Date Approved

02/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEWARK TRUST FOR EDUCATION INC.

Borrower Address

494 Broad St Ste LL30

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-3229

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

264990.00

Current Approval Amount

264990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

19

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

264985.00

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

268590.96

Forgiveness Date

07/07/2022

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