PPP Loan information for Mega electronics inc

$233,182

Mega electronics inc was initially approved for PPP Loan of amount $233,182, the current approved amount is $233,182. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $233,182 was used to fund payroll.

Mega electronics inc is New Business or 2 years or less

MEGA ELECTRONICS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MEGA ELECTRONICS INC

Borrower Address

4 JULES LN

Borrower City

NEW BRUNSWICK

Borrower State

NJ

Borrower Zip

08901-3636

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233182.00

Current Approval Amount

233182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEW BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08901-3636

CD

NJ-06

Jobs Reported

9

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

233182.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

235750.20

Forgiveness Date

06/11/2021

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