PPP Loan information for Colinear machine & design, inc.

$362,943

Colinear machine & design, inc. was initially approved for PPP Loan of amount $362,943, the current approved amount is $362,943. The loan was approved on 04/14/2020 by The Lakeland Bank reported 42 jobs and $362,943 was used to fund payroll.

Colinear machine & design, inc. is Existing or more than 2 years old

COLINEAR MACHINE & DESIGN, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COLINEAR MACHINE & DESIGN, INC.

Borrower Address

7 Wilson Drive

Borrower City

SPARTA

Borrower State

NJ

Borrower Zip

07871-3427

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362942.80

Current Approval Amount

362942.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

SUSSEX

Project State

NJ

Project Zip

07871-3427

CD

NJ-07

Jobs Reported

42

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362942.80

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365463.24

Forgiveness Date

12/31/2020

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