PPP Loan information for Learning institute of union city

$294,777

Learning institute of union city was initially approved for PPP Loan of amount $294,777, the current approved amount is $294,777. The loan was approved on 04/29/2020 by The Customers Bank reported 86 jobs and $294,777 was used to fund payroll.

Learning institute of union city is Existing or more than 2 years old

PPP Loan Search / NJ / Union City / Learning institute of union city

LEARNING INSTITUTE OF UNION CITY

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LEARNING INSTITUTE OF UNION CITY

Borrower Address

324 34th St

Borrower City

Union City

Borrower State

NJ

Borrower Zip

07087

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294777.00

Current Approval Amount

294777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

HUDSON

Project State

NJ

Project Zip

07087-0001

CD

NJ-08

Jobs Reported

86

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

294777.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

298338.55

Forgiveness Date

07/28/2021

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