PPP Loan information for Pillar college

$853,775

Pillar college was initially approved for PPP Loan of amount $853,775, the current approved amount is $853,775. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 78 jobs and $853,775 was used to fund payroll.

Pillar college is Existing or more than 2 years old

PILLAR COLLEGE

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PILLAR COLLEGE

Borrower Address

60 PARK PL

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07102-5511

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

853775.00

Current Approval Amount

853775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

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

07102-5511

CD

NJ-10

Jobs Reported

78

NAICS Code

611310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

106722.00

Payroll Proceed

640331.00

Mortgage Interest Proceed

0.00

Rent Proceed

106722.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

865821.41

Forgiveness Date

09/20/2021

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