PPP Loan information for Newark day center

$551,815

Newark day center was initially approved for PPP Loan of amount $551,815, the current approved amount is $551,815. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 84 jobs and $551,815 was used to fund payroll.

Newark day center is Existing or more than 2 years old

NEWARK DAY CENTER

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK DAY CENTER

Borrower Address

43 HILL STREET

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551815.00

Current Approval Amount

551815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-0301

CD

NJ-10

Jobs Reported

84

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551815.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

557605.28

Forgiveness Date

05/25/2021

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