PPP Loan information for Baroan technologies, inc.

$433,800

Baroan technologies, inc. was initially approved for PPP Loan of amount $433,800, the current approved amount is $433,800. The loan was approved on 04/07/2020 by The Magyar Bank reported 20 jobs and $433,800 was used to fund payroll.

Baroan technologies, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / ELMWOOD PARK / Baroan technologies, inc.

BAROAN TECHNOLOGIES, INC.

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BAROAN TECHNOLOGIES, INC.

Borrower Address

385 FALMOUTH AVE

Borrower City

ELMWOOD PARK

Borrower State

NJ

Borrower Zip

07407-3306

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433800.00

Current Approval Amount

433800.00

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

ELMWOOD PARK

Project County Name

BERGEN

Project State

NJ

Project Zip

07407-3306

CD

NJ-09

Jobs Reported

20

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433800.00

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

426307.48

Forgiveness Date

11/23/2020

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