PPP Loan information for Performing arts academy inc

$74,088

Performing arts academy inc was initially approved for PPP Loan of amount $74,088, the current approved amount is $74,088. The loan was approved on 04/28/2020 by The Lakeland Bank reported 15 jobs and $74,088 was used to fund payroll.

Performing arts academy inc is Existing or more than 2 years old

PERFORMING ARTS ACADEMY INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PERFORMING ARTS ACADEMY INC

Borrower Address

194 Wanaque Avenue

Borrower City

POMPTON LAKES

Borrower State

NJ

Borrower Zip

07442

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74088.30

Current Approval Amount

74088.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POMPTON LAKES

Project County Name

PASSAIC

Project State

NJ

Project Zip

07442-0001

CD

NJ-09

Jobs Reported

15

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74088.30

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

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74783.91

Forgiveness Date

04/20/2021

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