PPP Loan information for Moreng telecom products, llc

$355,400

Moreng telecom products, llc was initially approved for PPP Loan of amount $389,800, the current approved amount is $355,400. The loan was approved on 05/01/2020 by The Customers Bank reported 34 jobs and $355,400 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

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MORENG TELECOM PRODUCTS, LLC

Borrower Address

357 Hamburg Turnpike

Borrower City

Wayne

Borrower State

NJ

Borrower Zip

07470

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389800.00

Current Approval Amount

355400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

07470-1200

CD

NJ-11

Jobs Reported

34

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355400.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

357084.50

Forgiveness Date

11/05/2020

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