PPP Loan information for Applab systems inc

$2,211,400

Applab systems inc was initially approved for PPP Loan of amount $2,211,400, the current approved amount is $2,211,400. The loan was approved on 04/28/2020 by The Washington Trust Bank reported 121 jobs and $2,211,400 was used to fund payroll.

Applab systems inc is Unanswered

PPP Loan Search / NJ / SOUTH PLAINFIELD / Applab systems inc

APPLAB SYSTEMS INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

APPLAB SYSTEMS INC

Borrower Address

4041A HADLEY RD

Borrower City

SOUTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07080-1111

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2211400.00

Current Approval Amount

2211400.00

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

Unanswered

Project City

SOUTH PLAINFIELD

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-1111

CD

NJ-06

Jobs Reported

121

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2211400.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2236906.83

Forgiveness Date

06/30/2021

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