# PPP loan: NEWARK BOYS CHORUS SCHOOL
> **$156K** approved 02/05/2021 · Paid in Full · Loan `3564298409`
## Borrower
- **Name:** NEWARK BOYS CHORUS SCHOOL
- **Address:** 1016 Broad St, Newark, NJ, 07102-2410
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*