PPP Loan information for The arc of new jersey, inc

$462,464

The arc of new jersey, inc was initially approved for PPP Loan of amount $462,464, the current approved amount is $462,464. The loan was approved on 05/06/2020 by The Fed – Kabbage reported 56 jobs and $462,464 was used to fund payroll.

The arc of new jersey, inc is Existing or more than 2 years old

THE ARC OF NEW JERSEY, INC

Date Approved

05/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE ARC OF NEW JERSEY, INC

Borrower Address

985 Livingston Ave

Borrower City

North Brunswick

Borrower State

NJ

Borrower Zip

08902

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

462464.00

Current Approval Amount

462464.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

593324

Servicing Lender Name

Fed – Kabbage

Servicing Lender Address

925B Peachtree Street NE

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30309

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-1000

CD

NJ-12

Jobs Reported

56

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

462464.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

469888.76

Forgiveness Date

12/23/2021

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