PPP Loan information for Trustees of newark academy

$2,791,800

Trustees of newark academy was initially approved for PPP Loan of amount $2,791,800, the current approved amount is $2,791,800. The loan was approved on 04/15/2020 by The ConnectOne Bank reported 129 jobs and $2,791,800 was used to fund payroll.

Trustees of newark academy is Existing or more than 2 years old

TRUSTEES OF NEWARK ACADEMY

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TRUSTEES OF NEWARK ACADEMY

Borrower Address

91 South Orange Avenue

Borrower City

LIVINGSTON

Borrower State

NJ

Borrower Zip

07039-4901

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2791800.00

Current Approval Amount

2791800.00

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

LIVINGSTON

Project County Name

ESSEX

Project State

NJ

Project Zip

07039-4901

CD

NJ-11

Jobs Reported

129

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2791800.00

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

2823130.20

Forgiveness Date

06/14/2021

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