PPP Loan information for Fmb systems inc

$1,494,700

Fmb systems inc was initially approved for PPP Loan of amount $1,494,700, the current approved amount is $1,494,700. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 56 jobs and $1,494,700 was used to fund payroll.

Fmb systems inc is Existing or more than 2 years old

FMB SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FMB SYSTEMS INC

Borrower Address

70 Supor Blvd Ste 707

Borrower City

HARRISON

Borrower State

NJ

Borrower Zip

07029

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1494700.00

Current Approval Amount

1494700.00

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

HARRISON

Project County Name

HUDSON

Project State

NJ

Project Zip

07029-0001

CD

NJ-08

Jobs Reported

56

NAICS Code

332323

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

1071025.00

Mortgage Interest Proceed

0.00

Rent Proceed

138000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

215675

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

Non-Veteran

Non Profit

Forgiveness Amount

1510711.72

Forgiveness Date

05/21/2021

;