PPP Loan information for Newark public library

$2,508,677

Newark public library was initially approved for PPP Loan of amount $2,508,677, the current approved amount is $2,508,677. The loan was approved on 04/30/2020 by The TD Bank, National Association reported 118 jobs and $2,508,677 was used to fund payroll.

Newark public library is Existing or more than 2 years old

NEWARK PUBLIC LIBRARY

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK PUBLIC LIBRARY

Borrower Address

5 Washington St.

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2508677.00

Current Approval Amount

2508677.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

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

118

NAICS Code

519120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2508677.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2542613.82

Forgiveness Date

09/07/2021

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