PPP Loan information for Matrix distributors inc

$384,107

Matrix distributors inc was initially approved for PPP Loan of amount $384,107, the current approved amount is $384,107. The loan was approved on 02/01/2021 by The Santander Bank, National Association reported 54 jobs and $384,107 was used to fund payroll.

Matrix distributors inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cranford / Matrix distributors inc

MATRIX DISTRIBUTORS INC

Date Approved

02/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MATRIX DISTRIBUTORS INC

Borrower Address

410 North Ave E # 450

Borrower City

Cranford

Borrower State

NJ

Borrower Zip

07016-2437

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

384107.00

Current Approval Amount

384107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranford

Project County Name

UNION

Project State

NJ

Project Zip

07016-2437

CD

NJ-10

Jobs Reported

54

NAICS Code

424210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

384104.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

389263.50

Forgiveness Date

06/09/2022

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