PPP Loan information for The pennington school

$2,613,100

The pennington school was initially approved for PPP Loan of amount $2,613,100, the current approved amount is $2,613,100. The loan was approved on 04/06/2020 by The Peoples Security Bank and Trust Company reported 220 jobs and $2,613,100 was used to fund payroll.

The pennington school is Existing or more than 2 years old

THE PENNINGTON SCHOOL

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE PENNINGTON SCHOOL

Borrower Address

112 west delaware ave

Borrower City

PENNINGTON

Borrower State

NJ

Borrower Zip

08534-1601

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2613100.00

Current Approval Amount

2613100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PENNINGTON

Project County Name

MERCER

Project State

NJ

Project Zip

08534-1601

CD

NJ-12

Jobs Reported

220

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2613100.00

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2643658.75

Forgiveness Date

06/11/2021

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