PPP Loan information for Oak hill academy

$770,000

Oak hill academy was initially approved for PPP Loan of amount $770,000, the current approved amount is $770,000. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 100 jobs and $770,000 was used to fund payroll.

Oak hill academy is Existing or more than 2 years old

OAK HILL ACADEMY

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OAK HILL ACADEMY

Borrower Address

347 Middletown Lincroft Rd

Borrower City

LINCROFT

Borrower State

NJ

Borrower Zip

07738

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

770000.00

Current Approval Amount

770000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCROFT

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07738-0001

CD

NJ-04

Jobs Reported

100

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

770000.00

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

776666.30

Forgiveness Date

03/08/2021

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