PPP Loan information for Applab systems inc

$1,959,200

Applab systems inc was initially approved for PPP Loan of amount $1,959,200, the current approved amount is $1,959,200. The loan was approved on 01/23/2021 by The Washington Trust Bank reported 105 jobs and $1,959,200 was used to fund payroll.

Applab systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / South Plainfield / Applab systems inc

APPLAB SYSTEMS INC

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

APPLAB SYSTEMS INC

Borrower Address

4041 Hadley Rd Ste A

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080-1111

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1959200.00

Current Approval Amount

1959200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-1111

CD

NJ-06

Jobs Reported

105

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1959198.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1970042.70

Forgiveness Date

08/18/2021

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