PPP Loan information for Promag systems inc

$72,785

Promag systems inc was initially approved for PPP Loan of amount $72,785, the current approved amount is $72,785. The loan was approved on 03/03/2021 by The Cross River Bank reported 4 jobs and $72,785 was used to fund payroll.

Promag systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / Princeton / Promag systems inc

PROMAG SYSTEMS INC

Date Approved

03/03/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROMAG SYSTEMS INC

Borrower Address

100 Overlook Ctr Fl 2

Borrower City

Princeton

Borrower State

NJ

Borrower Zip

08540-7814

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72785.00

Current Approval Amount

72785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

MERCER

Project State

NJ

Project Zip

08540-7814

CD

NJ-12

Jobs Reported

4

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72782.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73343.35

Forgiveness Date

12/09/2021

;