PPP Loan information for S&p machine co. inc

$108,900

S&p machine co. inc was initially approved for PPP Loan of amount $108,900, the current approved amount is $108,900. The loan was approved on 01/30/2021 by The Magyar Bank reported 10 jobs and $108,900 was used to fund payroll.

S&p machine co. inc is Existing or more than 2 years old

PPP Loan Search / NJ / Passaic / S&p machine co. inc

S&P MACHINE CO. INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

S&P MACHINE CO. INC

Borrower Address

135 Monroe St

Borrower City

Passaic

Borrower State

NJ

Borrower Zip

07055-6513

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108900.00

Current Approval Amount

108900.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Passaic

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-6513

CD

NJ-09

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

108894.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109399.12

Forgiveness Date

07/27/2021

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