Date Approved
04/27/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
POWERHOUSE STUDIOS INC
Borrower Address
7 Littell Road
Borrower City
East Hanover
Borrower State
NJ
Borrower Zip
07936
Loan Status Date
05/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
67652.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45120
Servicing Lender Name
Valley National Bank
Servicing Lender Address
615 Main Ave
Servicing Lender City
PASSAIC
Servicing Lender State
Servicing Lender Zip
07055-5066
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORRIS
Project State
Project Zip
07936-0001
CD
NJ-11
Jobs Reported
17
NAICS Code
512240
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
68290.94
Forgiveness Date
04/08/2021