PPP Loan information for Young scholars' institute

$70,000

Young scholars' institute was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 06/29/2020 by The Northfield Bank reported 19 jobs and $70,000 was used to fund payroll.

Young scholars' institute is Existing or more than 2 years old

PPP Loan Search / NJ / Trenton / Young scholars' institute

YOUNG SCHOLARS' INSTITUTE

Date Approved

06/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

YOUNG SCHOLARS' INSTITUTE

Borrower Address

349 W. State St.

Borrower City

Trenton

Borrower State

NJ

Borrower Zip

08618-5705

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89027

Servicing Lender Name

Northfield Bank

Servicing Lender Address

581 Main Street, Suite 810

Servicing Lender City

Woodbridge

Servicing Lender State

NJ

Servicing Lender Zip

07095

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Trenton

Project County Name

MERCER

Project State

NJ

Project Zip

08618-5705

CD

NJ-12

Jobs Reported

19

NAICS Code

611710

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

65000.00

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

89027

Originating Lender

Northfield Bank

Originating Lender City

Woodbridge

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

70755.62

Forgiveness Date

08/05/2021

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