PPP Loan information for Marine electric systems, inc.

$441,967

Marine electric systems, inc. was initially approved for PPP Loan of amount $441,967, the current approved amount is $441,967. The loan was approved on 04/29/2020 by The Mississippi River Bank reported 32 jobs and $441,967 was used to fund payroll.

Marine electric systems, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / SOUTH HACKENSACK / Marine electric systems, inc.

MARINE ELECTRIC SYSTEMS, INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MARINE ELECTRIC SYSTEMS, INC.

Borrower Address

80 WESLEY ST

Borrower City

SOUTH HACKENSACK

Borrower State

NJ

Borrower Zip

07606-1510

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441967.00

Current Approval Amount

441967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28107

Servicing Lender Name

Mississippi River Bank

Servicing Lender Address

8435 Hwy 23

Servicing Lender City

BELLE CHASSE

Servicing Lender State

LA

Servicing Lender Zip

70037-2529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07606-1510

CD

NJ-09

Jobs Reported

32

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

389967.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28107

Originating Lender

Mississippi River Bank

Originating Lender City

BELLE CHASSE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

445699.17

Forgiveness Date

03/08/2021

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