PPP Loan information for Mack boring and parts co.

$852,410

Mack boring and parts co. was initially approved for PPP Loan of amount $852,410, the current approved amount is $852,410. The loan was approved on 04/12/2020 by The Unity Bank reported 51 jobs and $852,410 was used to fund payroll.

Mack boring and parts co. is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Mack boring and parts co.

MACK BORING AND PARTS CO.

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MACK BORING AND PARTS CO.

Borrower Address

245 Belmont Drive

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-1217

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

852410.00

Current Approval Amount

852410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

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

08873-1217

CD

NJ-12

Jobs Reported

51

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

702160.00

Mortgage Interest Proceed

0.00

Rent Proceed

77550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

64700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

857926.99

Forgiveness Date

12/15/2020

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