PPP Loan information for The arc of monmouth inc

$1,869,092

The arc of monmouth inc was initially approved for PPP Loan of amount $1,869,092, the current approved amount is $1,869,092. The loan was approved on 04/10/2020 by The OceanFirst Bank, National Association reported 350 jobs and $1,869,092 was used to fund payroll.

The arc of monmouth inc is Existing or more than 2 years old

PPP Loan Search / NJ / TINTON FALLS / The arc of monmouth inc

THE ARC OF MONMOUTH INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE ARC OF MONMOUTH INC

Borrower Address

1158 WAYSIDE ROAD

Borrower City

TINTON FALLS

Borrower State

NJ

Borrower Zip

07712-3148

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1869091.91

Current Approval Amount

1869091.91

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TINTON FALLS

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07712-3148

CD

NJ-04

Jobs Reported

350

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1869091.91

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1879423.83

Forgiveness Date

11/03/2020

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