PPP Loan information for The summit area ymca

$1,386,300

The summit area ymca was initially approved for PPP Loan of amount $1,386,300, the current approved amount is $1,386,300. The loan was approved on 03/13/2021 by The ConnectOne Bank reported 257 jobs and $1,386,300 was used to fund payroll.

The summit area ymca is Existing or more than 2 years old

PPP Loan Search / NJ / Summit / The summit area ymca

THE SUMMIT AREA YMCA

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE SUMMIT AREA YMCA

Borrower Address

99 Morris Ave

Borrower City

Summit

Borrower State

NJ

Borrower Zip

07901-3953

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1386300.00

Current Approval Amount

1386300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Summit

Project County Name

UNION

Project State

NJ

Project Zip

07901-3953

CD

NJ-07

Jobs Reported

257

NAICS Code

813410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1386297.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1396235.15

Forgiveness Date

12/08/2021

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