PPP Loan information for Independent machine company

$261,060

Independent machine company was initially approved for PPP Loan of amount $261,060, the current approved amount is $261,060. The loan was approved on 01/27/2021 by The Santander Bank, National Association reported 18 jobs and $261,060 was used to fund payroll.

Independent machine company is Existing or more than 2 years old

PPP Loan Search / NJ / Fairfield / Independent machine company

INDEPENDENT MACHINE COMPANY

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

INDEPENDENT MACHINE COMPANY

Borrower Address

20 Industrial Rd

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-3018

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261060.00

Current Approval Amount

261060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-3018

CD

NJ-11

Jobs Reported

18

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261058.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

263663.45

Forgiveness Date

02/01/2022

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