PPP Loan information for Business machine technologies inc.

$685,590

Business machine technologies inc. was initially approved for PPP Loan of amount $685,590, the current approved amount is $685,590. The loan was approved on 01/26/2021 by The Santander Bank, National Association reported 34 jobs and $685,590 was used to fund payroll.

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

BUSINESS MACHINE TECHNOLOGIES INC.

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BUSINESS MACHINE TECHNOLOGIES INC.

Borrower Address

1 S Corporate Dr

Borrower City

Riverdale

Borrower State

NJ

Borrower Zip

07457-1718

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

685590.00

Current Approval Amount

685590.00

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

Riverdale

Project County Name

MORRIS

Project State

NJ

Project Zip

07457-1718

CD

NJ-11

Jobs Reported

34

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

685584.00

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

690736.62

Forgiveness Date

11/01/2021

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