PPP Loan information for Brenco equipment supply and technology, llc

$193,900

Brenco equipment supply and technology, llc was initially approved for PPP Loan of amount $241,900, the current approved amount is $193,900. The loan was approved on 04/04/2020 by The Magyar Bank reported 5 jobs and $193,900 was used to fund payroll.

Brenco equipment supply and technology, llc is Existing or more than 2 years old

BRENCO EQUIPMENT SUPPLY AND TECHNOLOGY, LLC

Date Approved

04/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BRENCO EQUIPMENT SUPPLY AND TECHNOLOGY, LLC

Borrower Address

749 CLAWSON AVE

Borrower City

HILLSBOROUGH

Borrower State

NJ

Borrower Zip

08844-3311

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241900.00

Current Approval Amount

193900.00

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

HILLSBOROUGH

Project County Name

SOMERSET

Project State

NJ

Project Zip

08844-3311

CD

NJ-12

Jobs Reported

5

NAICS Code

423390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193900.00

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

Limited Liability Company(LLC)

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

195957.49

Forgiveness Date

05/21/2021

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