PPP Loan information for The albrook school

$391,505

The albrook school was initially approved for PPP Loan of amount $391,505, the current approved amount is $391,505. The loan was approved on 04/29/2020 by The Lakeland Bank reported 55 jobs and $391,505 was used to fund payroll.

The albrook school is Existing or more than 2 years old

THE ALBROOK SCHOOL

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE ALBROOK SCHOOL

Borrower Address

361 Somerville Road

Borrower City

BASKING RIDGE

Borrower State

NJ

Borrower Zip

07920

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391504.57

Current Approval Amount

391504.57

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

BASKING RIDGE

Project County Name

SOMERSET

Project State

NJ

Project Zip

07920-0001

CD

NJ-07

Jobs Reported

55

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391504.57

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

395017.24

Forgiveness Date

03/31/2021

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