PPP Loan information for Moreng telecom products llc

$357,338

Moreng telecom products llc was initially approved for PPP Loan of amount $357,338, the current approved amount is $357,338. The loan was approved on 03/15/2021 by The Readycap Lending, LLC reported 25 jobs and $357,338 was used to fund payroll.

Moreng telecom products llc is Existing or more than 2 years old

PPP Loan Search / NJ / Wayne / Moreng telecom products llc

MORENG TELECOM PRODUCTS LLC

Date Approved

03/15/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MORENG TELECOM PRODUCTS LLC

Borrower Address

357 Hamburg Tpke

Borrower City

Wayne

Borrower State

NJ

Borrower Zip

07470-2142

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357338.00

Current Approval Amount

357338.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-2142

CD

NJ-11

Jobs Reported

25

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357338.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

359129.59

Forgiveness Date

09/22/2021

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