PPP Loan information for Electromagnetic technologies industries

$177,470

Electromagnetic technologies industries was initially approved for PPP Loan of amount $177,470, the current approved amount is $177,470. The loan was approved on 01/28/2021 by The Manufacturers and Traders Trust Company reported 17 jobs and $177,470 was used to fund payroll.

Electromagnetic technologies industries is Existing or more than 2 years old

ELECTROMAGNETIC TECHNOLOGIES INDUSTRIES

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ELECTROMAGNETIC TECHNOLOGIES INDUSTRIES

Borrower Address

50 Intervale Rd Ste 7

Borrower City

Boonton

Borrower State

NJ

Borrower Zip

07005-1060

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177470.00

Current Approval Amount

177470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boonton

Project County Name

MORRIS

Project State

NJ

Project Zip

07005-1060

CD

NJ-11

Jobs Reported

17

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

177468.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

179098.83

Forgiveness Date

01/04/2022

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