PPP Loan information for Ocean city arts center

$55,085

Ocean city arts center was initially approved for PPP Loan of amount $55,085, the current approved amount is $55,085. The loan was approved on 02/05/2021 by The Trenton Business Assistance Corporation reported 28 jobs and $55,085 was used to fund payroll.

Ocean city arts center is Existing or more than 2 years old

OCEAN CITY ARTS CENTER

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCEAN CITY ARTS CENTER

Borrower Address

1735 Simpson Ave

Borrower City

Ocean City

Borrower State

NJ

Borrower Zip

08226-3070

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55085.00

Current Approval Amount

55085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445196

Servicing Lender Name

Trenton Business Assistance Corporation

Servicing Lender Address

3111 Quakerbridge Road 2nd Floor

Servicing Lender City

Mercerville

Servicing Lender State

NJ

Servicing Lender Zip

08619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08226-3070

CD

NJ-02

Jobs Reported

28

NAICS Code

711310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55082.00

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

501(c)3 – Non Profit

Originating Lender Location Id

445196

Originating Lender

Trenton Business Assistance Corporation

Originating Lender City

Mercerville

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

55590.57

Forgiveness Date

01/26/2022

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