PPP Loan information for Peoples preparatory charter school

$951,886

Peoples preparatory charter school was initially approved for PPP Loan of amount $951,886, the current approved amount is $951,886. The loan was approved on 04/30/2020 by The Customers Bank reported 64 jobs and $951,886 was used to fund payroll.

Peoples preparatory charter school is Existing or more than 2 years old

PEOPLES PREPARATORY CHARTER SCHOOL

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PEOPLES PREPARATORY CHARTER SCHOOL

Borrower Address

321 Bergen Street

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07103

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

951886.00

Current Approval Amount

951886.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

07103-0001

CD

NJ-10

Jobs Reported

64

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

951886.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

963230.39

Forgiveness Date

07/21/2021

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