PPP Loan information for Materials research group, inc.

$219,795

Materials research group, inc. was initially approved for PPP Loan of amount $219,795, the current approved amount is $219,795. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 230 jobs and $219,795 was used to fund payroll.

Materials research group, inc. is Existing or more than 2 years old

MATERIALS RESEARCH GROUP, INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MATERIALS RESEARCH GROUP, INC.

Borrower Address

244 W 1ST AVE

Borrower City

ROSELLE

Borrower State

NJ

Borrower Zip

07203

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219795.00

Current Approval Amount

219795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROSELLE

Project County Name

UNION

Project State

NJ

Project Zip

07203-0001

CD

NJ-10

Jobs Reported

230

NAICS Code

327212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

180295.00

Mortgage Interest Proceed

0.00

Rent Proceed

25500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

221623.36

Forgiveness Date

05/11/2021

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