PPP Loan information for Big hugs childcare and development center

$43,000

Big hugs childcare and development center was initially approved for PPP Loan of amount $43,000, the current approved amount is $43,000. The loan was approved on 04/29/2020 by The Santander Bank, National Association reported 12 jobs and $43,000 was used to fund payroll.

Big hugs childcare and development center is Existing or more than 2 years old

BIG HUGS CHILDCARE AND DEVELOPMENT CENTER

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BIG HUGS CHILDCARE AND DEVELOPMENT CENTER

Borrower Address

255 Old New Brunswick Road

Borrower City

Piscataway

Borrower State

NJ

Borrower Zip

08854

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43000.00

Current Approval Amount

43000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Piscataway

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-1400

CD

NJ-06

Jobs Reported

12

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43425.29

Forgiveness Date

05/04/2021

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