PPP Loan information for Business machine technologies, inc.

$621,467

Business machine technologies, inc. was initially approved for PPP Loan of amount $621,467, the current approved amount is $621,467. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 38 jobs and $621,467 was used to fund payroll.

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

PPP Loan Search / NJ / Fairfield / Business machine technologies, inc.

BUSINESS MACHINE TECHNOLOGIES, INC.

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BUSINESS MACHINE TECHNOLOGIES, INC.

Borrower Address

20-22 Just Road

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621467.00

Current Approval Amount

621467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-0011

CD

NJ-11

Jobs Reported

38

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

621467.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

626370.63

Forgiveness Date

02/17/2021

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