PPP Loan information for The true language assistance, inc

$51,296

The true language assistance, inc was initially approved for PPP Loan of amount $51,296, the current approved amount is $51,296. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 14 jobs and $51,296 was used to fund payroll.

The true language assistance, inc is New Business or 2 years or less

THE TRUE LANGUAGE ASSISTANCE, INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE TRUE LANGUAGE ASSISTANCE, INC

Borrower Address

60 FERRY ST STE B

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105-1888

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51296.00

Current Approval Amount

51296.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-1888

CD

NJ-08

Jobs Reported

14

NAICS Code

999990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51296.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47505.43

Forgiveness Date

05/27/2021

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