Date Approved
04/03/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
THE STATE THEATRE REGIONAL ARTS CENTER AT NEW BRUNSWICK, INC
Borrower Address
40 LIVINGSTON AVE
Borrower City
NEW BRUNSWICK
Borrower State
NJ
Borrower Zip
08901-2521
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
921600.00
Current Approval Amount
771000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
87737
Servicing Lender Name
Magyar Bank
Servicing Lender Address
400 Somerset St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
08901-3265
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
NJ-06
Jobs Reported
34
NAICS Code
711110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
723700.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
47300.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
778153.17
Forgiveness Date
03/22/2021