# PPP loan: THE STATE THEATRE REGIONAL ARTS CENTER OF NEW BRUNSWICK INC
> **$771K** approved 04/01/2021 · Paid in Full · Loan `4301538706`
## Borrower
- **Name:** THE STATE THEATRE REGIONAL ARTS CENTER OF NEW BRUNSWICK INC
- **Address:** 15 Livingston Ave, New Brunswick, NJ, 08901-1903
- **NAICS:** 711110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $771K
- **Initial approval:** $771K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $771K
- **Utilities:** $1
- **Jobs reported:** 281
## Lender
- **Originating:** Magyar Bank
- **Servicing:** Magyar Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*