# PPP loan: KIPP NEW JERSEY A NJ NONPROFIT CORPORATION
> **$2.16M** approved 04/14/2020 · Paid in Full · Loan `7983417110`
## Borrower
- **Name:** KIPP NEW JERSEY A NJ NONPROFIT CORPORATION
- **Address:** 60 Park Place Suite 802, Newark, NJ, 07102
- **NAICS:** —
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.16M
- **Initial approval:** $2.16M
- **Forgiven:** $2.19M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.05M
- **Health care:** $108K
- **Jobs reported:** 101
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*