PPP Loan information for Francis metals company, inc

$168,100

Francis metals company, inc was initially approved for PPP Loan of amount $168,000, the current approved amount is $168,100. The loan was approved on 04/03/2020 by The Magyar Bank reported 11 jobs and $168,100 was used to fund payroll.

Francis metals company, inc is Existing or more than 2 years old

PPP Loan Search / NJ / LAKEWOOD / Francis metals company, inc

FRANCIS METALS COMPANY, INC

Date Approved

04/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FRANCIS METALS COMPANY, INC

Borrower Address

687 PROSPECT ST

Borrower City

LAKEWOOD

Borrower State

NJ

Borrower Zip

08701-4628

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168000.00

Current Approval Amount

168100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKEWOOD

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-4628

CD

NJ-04

Jobs Reported

11

NAICS Code

515210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

42000.00

Payroll Proceed

42100.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169421.45

Forgiveness Date

01/28/2021

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