PPP Loan information for Label tek incorporated

$27,700

Label tek incorporated was initially approved for PPP Loan of amount $27,700, the current approved amount is $27,700. The loan was approved on 04/06/2020 by The Magyar Bank reported 1 jobs and $27,700 was used to fund payroll.

Label tek incorporated is Existing or more than 2 years old

LABEL TEK INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LABEL TEK INCORPORATED

Borrower Address

357 CORTLANDT ST

Borrower City

BELLEVILLE

Borrower State

NJ

Borrower Zip

07109-3201

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27700.00

Current Approval Amount

27700.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLEVILLE

Project County Name

ESSEX

Project State

NJ

Project Zip

07109-3201

CD

NJ-11

Jobs Reported

1

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27700.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27922.37

Forgiveness Date

01/26/2021

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