PPP Loan information for Mjc auto enterprise

$568,400

Mjc auto enterprise was initially approved for PPP Loan of amount $603,900, the current approved amount is $568,400. The loan was approved on 04/03/2020 by The Magyar Bank reported 44 jobs and $568,400 was used to fund payroll.

Mjc auto enterprise is Existing or more than 2 years old

PPP Loan Search / NJ / UNION / Mjc auto enterprise

MJC AUTO ENTERPRISE

Date Approved

04/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MJC AUTO ENTERPRISE

Borrower Address

2301 Rt 22 West

Borrower City

UNION

Borrower State

NJ

Borrower Zip

07083-0121

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

603900.00

Current Approval Amount

568400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION

Project County Name

UNION

Project State

NJ

Project Zip

07083-0121

CD

NJ-10

Jobs Reported

44

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

568400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

572331.43

Forgiveness Date

01/11/2021

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