PPP Loan information for Mac products, inc.

$1,862,158

Mac products, inc. was initially approved for PPP Loan of amount $1,862,158, the current approved amount is $1,862,158. The loan was approved on 04/27/2020 by The Israel Discount Bank of New York reported 127 jobs and $1,862,158 was used to fund payroll.

Mac products, inc. is Existing or more than 2 years old

MAC PRODUCTS, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAC PRODUCTS, INC.

Borrower Address

60 PENNSYLVANIA AVE

Borrower City

KEARNY

Borrower State

NJ

Borrower Zip

07032-4523

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1862157.50

Current Approval Amount

1862157.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49407

Servicing Lender Name

Israel Discount Bank of New York

Servicing Lender Address

1114 Avenue of the Americas

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10036

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KEARNY

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-4523

CD

NJ-08

Jobs Reported

127

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

232769.68

Payroll Proceed

1396618.13

Mortgage Interest Proceed

232769.69

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

49407

Originating Lender

Israel Discount Bank of New York

Originating Lender City

New York

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1883106.77

Forgiveness Date

06/16/2021

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