As part of the Paycheck Protection Program NEW JERSEY INNOVATION INSTITUTE, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEW JERSEY INNOVATION INSTITUTE, INC


Loan Amount	$2,464,000
BusinessName	NEW JERSEY INNOVATION INSTITUTE, INC
Address	323 DR MARTIN LUTHER KING JR BLVD
City	NEWARK
State	NJ
Zip	7103
NAICSCode	541613
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	109
DateApproved	04/27/2020
Lender	Mid Penn Bank
CD	NJ-10
BusinessName.clean	NEW JERSEY INNOVATION INSTITUTE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEW JERSEY LUBRICATION
NEW JERSEY ORGAN TISSUE SHARING NETWORK
APPLIED DATA FINANCE
NEW JERSEY PERFORMING ARTS CENTER
NEW JERSEY PERINATAL ASSOCIATES