1266 APARTMENT CORP. (NJ) - 2020 PPP Loan Borrower Profile (# 1097068400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1266 APARTMENT CORP.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Jersey.

Loan Detail

Loan Number

1097068400

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$1,205,312

Date Loan was Approved

Feb 1, 2021

Amount Forgiven

$1,220,766.41

Date Loan was Forgiven

May 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,205,307

Lender

Northeast Bank

Business Detail

Business Type

Housing Co-op

NAICS

813990

Borrower Location

Fort Lee, NJ

Project Location

Fort Lee, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

115

Business Age Description

Existing or more than 2 years old

Data Source: SBA.