PPP Loan information for Prospect of nj corp

$58,075

Prospect of nj corp was initially approved for PPP Loan of amount $58,075, the current approved amount is $58,075. The loan was approved on 05/20/2020 by The Spencer Savings Bank, SLA reported 11 jobs and $58,075 was used to fund payroll.

Prospect of nj corp is Existing or more than 2 years old

PROSPECT OF NJ CORP

Date Approved

05/20/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROSPECT OF NJ CORP

Borrower Address

486 Prospect Ave

Borrower City

West Orange

Borrower State

NJ

Borrower Zip

07052

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58075.00

Current Approval Amount

58075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Orange

Project County Name

ESSEX

Project State

NJ

Project Zip

07052-0001

CD

NJ-10

Jobs Reported

11

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58075.00

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

Corporation

Originating Lender Location Id

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58505.72

Forgiveness Date

02/19/2021

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