PPP Loan information for Galaxy systems, inc

$905,200

Galaxy systems, inc was initially approved for PPP Loan of amount $905,200, the current approved amount is $905,200. The loan was approved on 04/29/2020 by The Loan Source Incorporated reported 50 jobs and $905,200 was used to fund payroll.

Galaxy systems, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Somerset / Galaxy systems, inc

GALAXY SYSTEMS, INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GALAXY SYSTEMS, INC

Borrower Address

2 Executive Drive - Suite 430

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

905200.00

Current Approval Amount

905200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1000

CD

NJ-12

Jobs Reported

50

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

905200.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

913334.40

Forgiveness Date

03/31/2021

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