PPP Loan information for Rutgers preparatory school

$2,569,500

Rutgers preparatory school was initially approved for PPP Loan of amount $2,569,500, the current approved amount is $2,569,500. The loan was approved on 04/13/2020 by The ConnectOne Bank reported 193 jobs and $2,569,500 was used to fund payroll.

Rutgers preparatory school is Existing or more than 2 years old

RUTGERS PREPARATORY SCHOOL

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RUTGERS PREPARATORY SCHOOL

Borrower Address

1345 Easton Ave

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-1412

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2569500.00

Current Approval Amount

2569500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1412

CD

NJ-12

Jobs Reported

193

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2569500.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2598621.00

Forgiveness Date

06/11/2021

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